According to the Foncia group, prices per square meter dropped 8 percent, while the Orpi group estimates a 7 percent drop for the same period.

Credits: envato elements; Author: Mint_Images;

The drop has helped to "restart" the market after a lull over the past few months, which has seen estate agents struggle to sell, and buyers struggle to get credit. Interest rates for property lending - which were at 1 percent over 20 years in 2021, peaked at 4.4 percent at the end of 2023.