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France: Crisis averted-property prices on road to recovery

Posted on 30 July 2009

From French-property-news.com: The Fédération Nationale de l’Immobilier (FNAIM) unveiled its report on property prices in France for the first half of 2009 in July, revealing that prices are standing up well despite the recession and are on course to meet predictions of a 5-10% drop over the year.

It seems that the drop in prices experienced towards the end of 2008 and beginning of 2009 is abating, with prices jumping 3.9% in the second trimester of 2009, helping to level out the drop in property prices for the year to date to 7.3%………Full Article: Source


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