The quiet, seething feud this site has with the official
propaganda marketing arm of real estate agents in France looks set to end.
The latest quarterly letter, Residential Property in the Eye of the Hurricane, from La Fédération Nationale de l'Immobilier marks a break with previous complacent efforts and has patently been written and considered by different authors than prior FNAIM output.
Couple of interesting graphs in that report cutting property price trends by region and house/apartment split:
A crucial feature of the latter chart is the IDF point. That is Ile de France, or the Paris region, long perceived as virtually impregnable to the forces of property price declines. Recognition by sellers here that pricing flexibility cannot be denied will start to boost anaemic transaction volumes. Eventually anyway.
Equally interesting, although I cannot readily explain it, is the strength of Bourgogne. The export market must be seriously overpaying for its wines...