The steady fall of property prices in France 2012

News about the development of property prices in France.

In the first trimester of 2012, the big Real estate Agency chain Century 21 has sold 11.4% less houses than in the same period last year. On a national level, the average price went down 2.1%. Prices in Paris stopped going up (-0.1%).

The trend is still down. Of course we have to realise this downward movement of the last years comes after more than a decade of continuous rises, which some say created a bubble in the French property market. And not just in France. In the Netherlands, for instance, it seems houses are overvalued by a whopping

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