top cx logo
cx logo
Explorearrow down
search icon

Rise in rates and rise in prices hit buying power

Rise in rates and rise in prices hit buying power BUYING power for people looking to enter the property market has been reduced slightly this year due to a rise in both prices and in mortgage rates – and industry analysts are not sure if the upward trend will continue or not.

Mortgage brokers Empruntis said the German and French economic situations, plus France’s presidential election, made predictions hard.

Brokers Meilleurtaux said only buyers in Grenoble were getting (slightly) more for their money but others were losing out – as in Rennes, where repayments of €1,000 on a 20-year loan would buy a 74m2 property
in February, but 77m2 in January.

Resident or second-home owner in France?
Benefit from our daily digest of headlines and how-to's to help you make the most of life in France
By joining the newsletter, you agree to our Terms & Conditions and Privacy Policy
See more popular articles
The Connexion Help Guides
featured helpguide
Healthcare in France*
Featured Help Guide
- Understand the French healthcare system, how you access it and how you are reimbursed - Useful if you are new to the French healthcare system or want a more in-depth understanding - Reader question and answer section Aimed at non-French nationals living here, the guide gives an overview of what you are (and are not) covered for. There is also information for second-home owners and regular visitors.
Get news, views and information from France