The French real estate market is now in an upturn.
Can this be sustained?
When you read the latest report of the notaries of France on the French real estate market you will notice some interesting trends.
The current rise in prices is a bit deceptive.
In Greater Paris year over year the ten to fifteen percent increase in sales volumes is still lower than the years of 1999-2007.
In the French Provinces year over year the rise is still under eight percent.
In addition, the recent rise in prices over the last six months simply off sets the downward trend in the last six months.
Worth noting:
Low interest rates is still keeping buying power strong.
Supply is still very positive.
The Notaries say Buyers needs to make decisions soon before supply starts to go down and interest rates start to go up.
Consult the below infographic courtesy of the Notaries of France for more details. Get Report
Details on the median price per square meter of pre-owned apartments
Media selling price of pre-owned homes
Get your own copy of the report here.
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