PIE Events
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14 February 2012
Stockholm
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22 February 2012
London
- Central and Eastern Europe Real Estate Conference
03-04 May 2012
Vienna, Austria
French house prices seen dropping 10%-15% this year, no pickup in 2010
House prices in France are likely to drop in 2009 by another 10% to 15% while 2010 is unlikely to be any better, says the Head of Research for the Paris-based Natixis Asset Management. Philippe Waechter said the ongoing financial crisis is likely to ensure that the ratio between housing prices and incomes continues to fall in France, and anticipates the slide lasting into 2010.