In France, a fall in house prices and a decline in sales is predicted

France is becoming a buyer’s market as prices stabilize or fall. Those who don’t need credit or those who need a small loan are in an advantageous position as mortgage rates are expected to rise to 5% this year, according to many experts. According to the same forecasts, the beginning of a fall in prices seems logical. They have already fallen in some areas in the spring. For example, new buildings in Montauban fell in price by 2.8% year-on-year, in Nîmes by 5.7%, according to French notaries. Prices remain at the same levels in the most popular locations. The decline is most noticeable in mid-sized cities. But Paris is a serious exception – prices and sales are noticeably declining here.

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