The French real estate market is one of the most stable and popular. It, especially in Paris and on the coast, is very strongly influenced by foreign investment: in the coastal provinces, the number of foreigners among buyers can exceed 50%. However, the national market experienced periods of significant price drops in the early 1980s and early 1990s, when the decline was about 15–20%. Then everything returned to normal, moreover, in the period from 1997 to 2007, according to statistics, the average value of real estate increased by 140%. According to Knight Frank estimates, as of the third quarter of 2009, French real estate prices fell on average by 8% over the year, while prices rose by 1.9% over the fall.
The real estate market in France
17.04.2009
Homesoverseas.ru editorial office
55
Discussion

Subscribe to new comments