2007 may be a two-speed year for France

2007 will be a two-speed year for the French property market, according to a new report issued by global property advisor CB Richard Ellis. While demand in France is expected to accelerate in the first months of the year, the second half of 2007 is more uncertain, with presidential elections likely to create a decisionless period of expectancy. Vacancy rates are expected to fall below the 5% mark, while average rental values will likely rise by 3-5% in the Paris region over the year.

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