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French capital races ahead in the property stakes

French capital races ahead in the property stakes

Having weathered the financial turbulence suffered across the world the French property market appears to have escaped the heavy losses seen in most of its European counterparts.

The Paris real estate markets aside the rest of the real estate sectors across the country are performing rather sedately for the present. House prices are steady and the number of transactions is at an acceptable level considering the present financial climate.

However the city of Paris and surrounding districts have seen a huge growth in property prices according to information from the national association of estate agents apartment prices have increased by almost ten per cent during the last twelve months. French property buyers appear to have a healthy level of confidence in the current economic climate shown by the growing mortgage market thoughout the country.

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Published: 03-Mar-11

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