67 Days
Source:
وكالة الأنباء القطرية
Continued Slowdown of France's Real Estate Market Amid Rising Borrowing Costs
French Central Bank data showed that the value of new mortgage loans to individuals declined to 11.4 billion euros in May, the lowest level since January, compared to 11.9 billion euros in the same month last year. The bank attributed this decline to the rising average interest rate, which reached 3.21 percent, increasing borrowing costs and reducing demand for mortgage financing. This reflects a continued slowdown in the French real estate market due to rising financing costs and tightening monetary policies.
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