french property

Good news for french property buyers: FNAIM say it's a correction not a crash

Tue, 04/15/2008 - 10:16

THE National Federation of Estate Agents in France (FNAIM) realease their first quarter analysis.

The main highlights:

Despite a 1% drop in house prices in the first quarter FNAIM are not expecting them to go into widespread decline.

A slight fall in interest rates is good news for borrowers.

This period brought a market correction that is expected to continue.

Prices are stabilising.

But double digit increases in almost all provincial cities are expected.