Real Estate: FNAIM Predicts a Steady Recovery in 2026

Sales on the Rise, Prices Nearly Stabilized

Transaction volumes in the existing home market increased by 12% in 2025, reaching 951,000 sales, and climbed to 956,000 over the twelve months ending in January 2026. At the same time, prices appear almost stabilized at the national level, with a slight decline of 0.1% year-on-year as of March 1, 2026, following an average decrease of about 5% since the market peak.

However, this stabilization remains highly varied across different regions. Prices are rising in large cities (+0.9%) and are increasing even more in their outskirts (+2.3%), while they continue to fall in rural areas (-1.4% year-on-year).

Moderate Increase Expected in 2026

For 2026, the federation anticipates a continued recovery, but at a measured pace: sales would increase by about 3%, while prices would rise only moderately, ranging between 1% and 2%. This scenario is set in a calmer macroeconomic environment compared to the previous inflationary shock. By February 2026, inflation in France was around 1%, and the Bank of France projected growth close to 1% in 2026.