Since the start of 2022, the number of real estate transactions has fallen by just over 20% and accounts for almost half of the decline in household investment over the period. The monthly consumer confidence survey of households (CAMME) includes a question on the housing purchase intentions of those surveyed: the share of households intending to buy housing is well correlated, although a few months ahead, with the number of real estate transactions. It can also be broken down by category of household, so that those who have given up a housing purchase can be identified. Thus the decline in purchasing intentions since 2022 derives mainly from households of tenants and young people, who are equivalent to first-time buyers. At the beginning of 2024, their numbers stabilised, suggesting that the collapse of the real estate market could be coming to an end...