French Property Prices 2010
The Paris Chamber of Notaires is expecting to see prices and volume of sales in the most desirable parts of Paris to gradually increase throughout the rest of 2010, and whilst some other select areas will also expect the same results, such as Nice, Lyon, Toulouse and Bordeaux, the rest of France will have to wait until 2011 for a similar positive trend.
French property prices stable, but volume down
The Paris Chamber notes that prices in France haven’t dropped dramatically over the past two years, and in a lot of areas they have simply stagnated, although volume of sales has decreased dramatically.
French new build property - surprising growth
The new build market has been unusually active, although this is in part due to the various fiscal incentives that had been made available to French tax residents, such as the Loi Scellier, and it is thought that many people will have entered into these schemes without fully computing the pros and cons, and may have been better off avoiding the scheme.
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