Record property sales in France as prices increase

Last year saw a record number of property sales in France –more than a million in the non-newbuild sector – as mortgage interest rates hit historic lows.

The bumper year meant more money for departmental councils, which collect most of the so-called “notaire’s fees” – a total estimated at around €14billion – applied to every property transaction in France.

At 1,063,000, sales of non- newbuild property over the 12 months to the end of the October, the latest figures published by Notaires de France, were 100,000 up on ...

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