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Property prices fall in France


25th August 2010 | back to article listings BACK    print this article PRINT

The average property prices across 12 regions of France fell last month but a number of areas have experienced increases over the longer term, according to the French Rural Property Index.

Prices across the 12 regions fell by 0.4% in August, compared to the previous month's figures, Sextant French Properties' data found. However, prices have increased by 13.7% over the past 10 months in many regions, including Aquitaine, Centre, Midi-Pyrenees, Nord Pas-de-Calais and Normandy.

Average prices in the Midi-Pyrenees region have increased by 32% since October 2009 to €428,554 (352,650).

Languedoc has been recommended by the company as a good place for people to invest their money in a French property. The sunny southern region has seen prices rise by just 2.83% since October last year, while Limousin has experienced a 7.55% drop in the last nine months.

Property in France was recently described as an evergreen investment by Shelter Offshore.

Copyright Press Association 2010


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