The former real estate prices are down 1% on the first three months of 2008 compared to the end of 2007.
In one year, the growth reached almost the level of inflation is 2.7% according to FNAIM which therefore continues to expect a soft landing.
The FNAIM note that prices in the former fell 1% in Q1 2008 over Q4 2007 at a rate of -0.4% for apartments and -1, 9% for houses.
Year-over the last twelve months, the increase amounts to 2.7%, a rate close to inflation.
For the record, we recall that last December the Federation chaired by René Pallincourt expects 2008 growth of between 0 and 3%. Already in 2007, price growth has slowed, displayed 3.8% against 7.1% in 2006, 10.4% in 2005 and 15.4% in 2004.
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