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Is French property starting to cool down?

Wednesday, April 11, 2012

The French property market may be on the verge of cooling down, some experts believe.

A report from Global Property Guide suggests that the country’s upcoming presidential elections combined with the euro crisis have prompted investors to become more cautious in 2012.

GPG added that price increases were also slowing down, according to the country’s National Association of Real Estate Agents, with values at the end of 2011 increasing annually by 1.04 per cent, compared to the previous quarter’s growth of 7.1 per cent.

 

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