Why is the volume of French real estate sales higher than expected?

In general, the experts in real estate in France see again a slight drop in the value of French real estate prices in 2014. But the price drop on average is less than anticipated. The question in the minds of many people is why.

The answer according to Credit Foncier is because interest rates remain low. If the interest rates increase the cost of purchasing a French property goes up substantially and without a bigger drop in prices the market may stall more.

Low interest rates are keeping buyers in the market place. These buyers are seeking out the best and most desirable French properties and taking advantage of investing with the low interest rates.

Read Credit Foncier article in French here

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