France: Real Estate Values Down Across Country

Real Estate Values Down Across FranceProperty prices in rural France have fallen considerably over the last four years, according to the latest figures published by Notaires.

In the four years to the end of June 2012 prices have fallen nationally by just 3% but this headline figure hides some notably falls in rural areas.

The worst hit areas is Creuse in the Limousin where prices have fallen 15.7% over the four year period, followed by a drop of 12.5% in Loir-et-Cher, a fall of 11.5% in Moselle, a fall of 10.8% in Correze, a fall of 10.6% in Tarn, a fall of 10.5% in Haut-Rhin, a fall of 10.3% in both Ctes-dArmor and Bas-Rhin and a fall of 10% in Haute-Vienne.

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