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Homes in France continue to appreciate

Homes in France continue to appreciate

French mortgage lenders are in for a busy year according to the results of a recent report from the national organisation of estate agents.

There is a high demand for French property from both natives of France and overseas buyers looking to invest in a country in Europe that appears to have weathered the global financial storm that has decimated the property market in many other European destinations.

Stable market conditions are said to be behind the strength of the property markets across the country. Data supplied by the FNAIM suggest that residential real estate prices will increase by up to six per cent during this year.

The direction of French property prices are led by those in the capital, Parisian property prices have risen by nearly 20 per cent in the last twelve months and with demand still on the increase agents working within the capital suspect prices will just continue ever higher.

 

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Published: 04-May-11

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