Friday, May 22, 2009

French property sales holding up well as parts of the market remain popular

A glimpse of the Eiffel Tower, a view of the Mediterranean and the rolling landscape of the Normandy countryside are just some of the factors that are keeping property sales in France lively despite the global real estate downturn.

Properties in Paris, the Côte d'Azur and Normandy are continuing to sell as prices have become more realistic and demand has not disappeared. Indeed real estate professionals in these parts of France are reporting some signs of recovery in the market.

In their latest housing market report the French estate agents association FNAIM report that property prices fell by 1.7% in the first quarter of the year. This is considerably lower than in many o.......

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