вторник 25 октября 2011
France luxury real estate market still strong
Although the economic uncertainties have never been higher, it seems the best of time for wealthy customers to shop around for big houses on the french market.
Mercure reports strong activity in sales, despite the fall of world stock exchanges in August 2011, worrying international economic results and the European and American debt crisis. In fact, it seems that the eurozone crisis and the slowdown in the global economy has not had much of an effect of the luxury housing market in France. Of course some buyers have hesitated, but the large majority have followed through to a sale. Generally speaking we can say that buyers have become less worried compared with previous years.
"Many of the sales were second homes, in areas like the Perigord, Biarritz, La Baule, Dinard and Evian as well as traditional locations like Paris and its surroundings, and the Cote d’Azur."
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