French property prices have gone up for the fifth quarter in a row, the latest research from FNAIM shows.
The organisation's members have witnessed a 3.3% increase in prices on average, with rural parts of the country benefiting from growth of more than 4%.
Investors may be turning their attentions to the French property market as a result of tax changes in the country which will see the ISF threshold rise to 1.3 million euros from its current level of 800,000 euros.
Trevor Leggett, chief executive of estate agent firm Leggett Immobilier, responded cautiously to the latest figures from FNAIM.
He stated: "We know that the average price of property sold in France by FNAIM members has increased by 6.8% overall this year but it's important that vendors expectation levels remain realistic.
"Sensible pricing will mean that transaction levels remain consistent."
Copyright © Press Association 2011
You can view all of the Assetz® UK, International and UK Property Investment Articles and News here.
We also provide an Feed of the news service, or you can view all articles. Click here to view more information on RSS readers and how they make reading online news more convenient.