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In 2012, in France, is expected to price reduction

07.12.2011
Homesoverseas.ru editorial office
29
According to forecasts of housing market experts, next year real estate prices in France will fall by 5-6%, and the total volume of transactions by 8%, according to an online source Property Wire.

However, this year there has been an increase in housing prices in Paris and its suburbs, in Provence, as well as in the south of the country. Specialists also it is noted that the French housing market is developing in different directions.

Now France is at the center of the Eurozone crisis, and according to experts, this situation will affect the real estate market. According to preliminary estimates, the indicators for the number of transactions in 2011 will be low.

According to experts, it is very important to realistically assess your expectations and opportunities, and then the French real estate market will be able to hold on confidently and remain one of the most reliable.

The conditions for obtaining mortgage loans in 2012 may also become more complicated. Last year, France had some of the lowest fixed rates in Europe, but inflation led to another increase in interest rates.

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