Credit Agricole Economist French Property 15 Percent Over Priced

According to an article in Le Figaro, Crédit agricole Economist Olivier Eluère states that prices have fallen in France slightly but he believes they are still overvalued by 15 percent at this moment (January 2014).

Mr Eluère believes that in 2014 the French real estate market will remain calm and he expects prices to fall by approximately 4 percent.

He also anticipates that French property mortgage rates will start to go up little by little in 2014.

Is it time for you to see if you can find an opportunity to buy in France before the mortgage rates go up?

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Read original article in French here