Friday, January 13, 2006

French property prices rise French property prices rise

PROPERTY prices across France rose by 10.3% in 2005 according to figures from the French National Association of Estate Agents (FNAIM).

This was actually down on 2004 when prices rose by 15%, but if you look further back there has been a 107% increase in prices since 1998.

The slow down has been blamed on the economic conditions in France but FNAIM expected things to be slightly worse and were surprised to see an increase in the number of properties passing through agents' books.

Apartment prices rose by 10.6% in 2005, down from the near 18% increase seen the year before, whilst the price of a house has risen by 9.9% against a 12.5% rise in 2004.
According to the Halifax UK property prices "



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