Wednesday, 16 November 2011

Changes in property prices in Antibes Juan les Pins

On the Riviera and the more specific area of ​​Antibes Juan les Pins, the RIPA cooperative network, with over 15 agencies, measures changes in house prices on a daily basis.

Since late 2008, there has been a serious decline of about 15% up in 2009. This price reduction, less than in other French regions was interrupted in late 2009, to turn into a slight increase during the first half increase was found 2010.Cette helped by rate loans who knew that at historically low levels. The good performance was measured in the range of 5% on average over the full range of real estate vendus.Un advantage is noted for goods is less than 250,000 euros, that of promotion and acquiring rental investors back on the market.

Since early 2011, so that one could think of a price decline, due to slowing demand due to higher credit rate, nothing has been found in this sens.La curve price recovery now seems stable at 5% increase annuelle.Cette stability is rather special, compared to the Paris market, still climbing at a rate of 20% annually, or parts or prices neither increasing or decreasing.

It is difficult to predict, by the end of 2011, but it is likely that the crisis, which seems to be confirmed will offset the possible negative effect due to rising credit rates announced.

In all cases, the cooperative network ORPI d'Antibes, which holds the data of about 80% of sales in Antibes Juan les Pins, is sensitive to market movements, communications and make its loyal customers.

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