10.04.2013 - Is the French housing market in trouble again?
There may be trouble ahead for French property, with reports suggesting key indicators fell throughout 2012. The Global Property Guide reported that the country is struggling to bring down its sky-high unemployment rate and budget deficit. This is harming the health of the real estate market and the National Institute for Statistical and Economic Studies has noted a 1.63 per cent fall in house prices in Metropolitan France compared to 2011 levels - the third consecutive year of annual declines. According to the news portal, when adjusted for inflation values dropped by 3.12 per cent, with a 1.27 per cent quarter-on-quarter rise in Q4...............................................Full Article: Source
Print