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03 DECEMBER 2016

Information About French Property Market

The French property Market continues to grow in strength and the number of French property transactions are now very close to the record highs of 1999 to 2007.

The combination of fairly stable property prices and low mortgage interest rates has, according to the Institut national de la statistique et des études économiques (INSEE), restored confidence and boosted the entire French property market, partly because this means that buyers are able to buy larger properties and therefore get more value for their money. Although house prices have remained fairly stable, there is some concern that with the upturn in the number of buyers looking to invest in the property market may push prices upwards and therefore cause a slow down in the property market. However, the requests for permits for the building of new property has also risen and it is hoped that this will continue so that demand doesn’t exceed supply, also the mortgage interest rates are expected to remain fairly low for the foreseeable future.

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