French Real Estate Prices Going Up Now
After approximately 4 years of lowering prices French real estate prices appear to have definitely taken a positive upward trend.
The lower French mortgage rates and the increase in the number of sales taken place so far this year have created an opportunity for price increases that buyers are accepting.
According to this article in French by Explorimmo the increase is particularly noticeable in Paris.
President of Century 21 Laurent Vimont states the downward pricing trend has been reversed. The same has been said by the director general of the Agency Guy Hoquet.
Guy Hoquet Estate agencies anticipate the number of French real estate transactions
will be over 820 000 this year compared to 805 000 in 2015 and 692 000 in 2014.
To find out what the market is like in your favorite part of France contact us to place you in contact with an English speaking French real estate agent. Contact us here.