Faced with a newbuild shortfall and the failure of its "Target 500K" initiative to build half a million new houses every year to 2017, the government unveiled a slew of measures in early July to boost the sector. These include the simplification of construction rules and regulations as well as the extension of the "0 percent interest loan" to boost middle and low-income first-time buying.
Friday, September 12, 2014
France's house prices flat last quarter
Prices down 1.2% on a yearly value after a 1.9% drop the previous quarter. 0.0% for the country as a whole on the quarter vs. 0.5% fall for the Paris region. The fall was halted by stimulus measures, it seems. Has France’s property market turned a corner?