According to the President of FNAIM, the biggest real estate association in France 2014 may be a year where French real estate prices will continue to decline.
Mr Buet on behalf of FNAIM estimates a 3 to 4 percent decline in prices and a reduction again in the number of sales taking place year over year.
Number of French real estate sales for 2013 where down 5.1 compared to 2012.
Real estate: prices are expected to decline further in 2014 about 3 to 4 percent.
The cause of the declining market is linked to rising unemployment and negative consumer sentiment.
Worth noting when the French real estate market is like this it is a great opportunity to buy in France and negotiate a deal that you will not get when the market turns around.
It is also a great time to sell and buy upwards in the market since the difference between your lower priced home and the higher priced property will be reduced.
With the potential of saving a lot of money it is an excellent time for you to contact your English speaking real estate professional in your area of choice and get help to find a great investment while other people are waiting to see what happens.
Original source of article in French here
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