On an international scale, the turbulence of the economic and political context has had an inescapable impact on real estate markets. Among these exogenous factors, the arrival of Donald Trump in the White House in 2025 and his program for the global economy (expected lifting of restrictions on oil, coal and gas production, desire for a protectionist stance, possible end to the war in Ukraine, etc.) are heightening the degree of uncertainty among investors, who are inclined to extend their wait-and-see attitude.

In addition, France experienced a turbulent political context (dissolution of the National Assembly, censure of the Barnier government, new Bayrou government, etc.) which weakened our economy and, with it, the real estate market. The market was confronted with a number of macroeconomic and financial challenges : fluctuations in the ECB’s key interest rate, weak economic growth, despite a significant drop in inflation.
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