French housing market grows and stabilises in the third quarter of the year.
Now is a great time to buy in France with the housing market growing and prices slowly rising.
With the housing market growing slowly, prices are continuing to rise in some areas across the country. Compared to the same period last year the French housing market has seen a 3% increase in sale volumes, potentially boosted by the low interest rates. Of course, price rises usually start in metropolitan areas, but slowly this will spread to the more rural parts and with the market warming up and growing, now is an idea time to make the most of the great deals on finance, while the prices remain low in a lot of areas. The average property price has risen by just over 1.5% compared to the same period last year, with house prices rising more than apartment prices. Trevor Leggett, Leggett Chairman says: “The domestic market in France is continuing to grow steadily. The double whammy of low prices and cheap financing means that France is currently a particularly attractive place for property investment.”
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Property reference: 93633DTH79