FNAIM figures for April 2010

The equivalent of the NAE (National association of Estate Agents) in France is the FNAIM and they have just released their report for quarter one of 2010.

As usual, it's a long, fairly turgid, document with plenty of meaningless diagrams but there are a few nuggets.

• While overall prices are still falling, particularly in the north and east of the country they are bouncing back a little in the south west.
• 78% of people think that prices are still too high.
• 16% of people surveyed said that they were looking to buy a house but only 5% thought it would be in the next 12 months.
• around 575,000 transactions took place in 2009 which was well down on the 800,000 "averages" since the year 2000.
• A house in Poitou-Charentes will cost you €1417 m2 on average which compares most favourably with other regions.

You can read the full report here.

www.cognacproperty.com