The recent FNAIM “state of the market” report is at best obtuse, and at worst a deliberate attempt to obscure the facts. As usual – no sales volumes are included in the report, but the tone suggests some panic amongst the membership. The report claims “slight upward pressure on prices in the short term,” but then states that prices fell 1.4% in the first quarter 2010.
More on Property Investment in France :: FNAIM Hedges Their Bets
Where are the property investment bargains in France? Having just spent two weeks wandering around Northern and middle-France to take a look at the markets and see what is going on on the ground as it were, I would say they have not yet surfaced, and the stunning amount of property for sale in France means we have a lot further to fall before seeing genuine bargains. I visited Brittany and the Dordogne to see just what was going on.
