France: rising real estate prices in 2010 for Century 21

For 2010, an increase of between 1% and 3% in property prices is plausible, 'said Laurent Vimont this morning, the president of Century 21 in the columns of the daily Les Echos.

According to him, this upward trend will be fueled by interest rates of mortgages that are less than 4%.

He keeps his distance from the scenario that economists have a continued decline in housing prices over several years because they're obscure the psychological character related to any property purchase '.

Laurent Vimont said that 'the stone allows French to protect themselves from the crisis' and the sudden unemployment are for the purchase of property that appears as' the best way to protect his family as they have a job and thus access to credit '.

Finally, he tells Echos, the housing market currently has a deficit of 51,000 homes in the former, which combined with a strong desire to buy, will necessarily raise prices.