Many experts are expecting French real estate prices to go down by 3 to 5% by the end of 2008.
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French real estate down for 2008Category: Real estate newsChapter: French property news![]()
Consequence of the rise in borrowing rates (+0.25% between January and June 2007, +0.60 between June and October of the same year) and the strict application of conditions for obtaining a real estate loan, the French real estate market seems to be landing gently.
The slowdown recorded in 2007 seems to be confirming itself. Though prices remain high, they are no longer overvalued.
Updated on:
17/06/2008
And on the same subject: Fuether information : French real estate prices down 2008-2010 Appelimmo. All rights reserved |
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