ACCORDING to an online article in the UK on the French property market, house prices in France are heading north. Certainly, activity here in the Dordogne is brisk and among the hordes of holidaymakers there is a rising number of serious property buyers.
There is no doubt that demand from international buyers is on the increase as the property market stabilises. But is it just another dead cat bounce?
FNAIM, the French federation of estage agents say that average prices across the country rose by 3.9% compared to the same time last year.
One source said that "it is difficult to say whether this is the begining of a recovery but it points to improved market stability".
So, have we reached the point, at least for the time being, where those who haven't yet bought have missed the boat ?
The Euro continues to weaken against the British pound. Good news for buyers as long as house prices for property in the Dordogne are held low.
At the time of writing the interbank rate was 1.17185
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