According to the latest French notaries real estate report available in French here over the last 7 years the buying power of French property buyers has increased 20 percent due to the declining prices and the reduction of mortgage rates.
In this latest report there is evidence of the drop in prices of pre-owned apartments during the last quarter of 2014.
For example,
Nice (-2.4 percent)
Lille (-1.2 percent)
Paris (-2.1 percent)
Price increases have take place in:
For example,
Toulouse (+3.3 percent)
Bordeaux (+1.3 percent)
Lyon (+0.2 percent)
But there have been large price drops in rural areas such as:
For example,
Caen (-13.0 percent)
Reims (-11.1 percent)
Saint Etienne (-10.0 percent)
For details on the price changes on apartments in other areas of France or on French pre-owned houses you can consult the report in French here or to learn more in English we can guide you at no charge to an English speaking French real estate agent. Just contact us here.