Rory Ramsden – Luxury French Property Finder & Buyer's Agent in south west France
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Why French domestic sales could hit 30-year high

The French property market is on the up and could see house prices rise by around 2.7% in 2017, with domestic sales hitting a 30-year high. There are more holiday home buyers and fewer retiree home purchases, but despite Brexit, inquiries from British buyers are more serious than ever, says Trevor Leggett, Chairman of Leggett Immobilier, which has enjoyed another record sales year.

Key Takeaways:

  • There are more holiday home buyers and fewer retiree home purchases, but despite Brexit, inquiries from British buyers are more serious than ever, says Trevor Leggett, Chairman of Leggett Immobilier, which has enjoyed another record sales year.
  • “It’s been a strong year for French property. The market is well and truly on the up, with total sales numbers increasing by 15% in the last 12 months to 839,000. This is the highest sales volume seen since the Crise Financiere struck back in 2008.”
  • The Notaires de France report that buyers have sensed the end of falling prices, and are taking advantage of the historically low interest rates to make the most of this ‘moment opportun’. It estimates that prices rose by around 0.5% in 2016 and are forecasting a rise of around 2% for apartments and 2.7% for houses in the coming year.

“The Notaires de France report that buyers have sensed the end of falling prices, and are taking advantage of the historically low interest rates to make the most of this ‘moment opportun’.”

http://www.opp.today/why-french-domestic-sales-could-hit-30-year-high/

About the Author Rory

Rory Ramsden is a French property finder and buyer's agent working for high net worth private clients wishing to buy a chateau, manor or vineyard in the south west of France. He has lived in France for 8 years after spending time travelling the world on business.

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