French Property Price Update((French Property Market,FNAIM))

House prices in France rose 3.9% quarter-on-quarter in Q2, 2009 according to the National Association of Real Estate Agents in France (FNAIM.) These quarterly price increases are the highest since Q2 in 2004.

Do bear in mind though compared to a year earlier, the average price of dwellings in France was down 6.6%.

Despite the UK recession, in the South of France, the British are still the largest buyers of French property accounting for around 50% of all foreign buyers according to data from Perval 2009 Notaires statistics.

There are still plenty of reduced price bargains in France.

2 barns for renovation reduced to 49,000 euros in Lower Normandy

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