Tuesday, 18 January 2011

Tuesday, 18 January 2011

French property prices on the rebound

The French national association of estate agents, FNAIM, have announced their review of the property market in France for 2010.
Overall, they indicate that the price of older homes rose by an average of 1.3% in the year, while there was a rise of 1.8% in the price of apartments. This increase for last year comes after two successive years when, on average, property prices fell (-3.1% in 2008 and -4.9% in 2009).
Being a National survey, there are distinct regional variations, and the graphic attached shows the range of price changes for each region during 2010. This would seem to indicate that now is an excellent time for buyers to be returning to our principal markets - the Poitou Charentes, and the Dordogne valley. Peter Elias Agent Commercial http://www.allez-francais.com/
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