Housing finance in France in 2013
The French housing market showed some recovery in 2013 amid furthermoderate price falls in the Paris area, Île de France and the rest of the country,at -1.5%, -1.6% and -1.4% respectively, and as interest rates stabilised athistorically low levels. The volume of transactions for existing homes, the mainmarket segment, grew again (+2.1%) and housing loan production reboundedsharply (+56%). However, the latter trend reflects an unprecedented volume ofloan transfers, 1 which accounted for 18.1% of production in 2013. Against thisbackdrop, total outstanding loans showed a relatively small increase comparedto the long-term trend (+3.9%).
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- Publié le 01/07/2014
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Mis à jour le : 19/03/2019 15:48