First-Time Homebuyers Acquiring Property Later In Life
New studies indicate that first-time homebuyers are purchasing property at an older age, with the average age for a first acquisition now 36.5 years. This age is slightly higher than the previous average of 36. The average monthly income for these buyers is 5,000 euros, with a down payment of 56,000 euros and a loan of 220,000 euros. In the Île-de-France region, these figures are considerably higher. While couples remain the majority of buyers, single buyers under 30 are increasing. Loan durations are also extending, with 54% of credits now spread over 25 years, up from 41% five years ago.
Topics
Developing
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Sources · 7 independent
France Info
“Eh bien d'abord que l'on devient propriétaire de son logement de plus en plus tard. L'étude annuelle du courtier en printis indique que la part des moins de 30 ans dans l'accession à la propriété recule.”
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