Among the departments of the Rhône-Alpes region, the Ain is an exception. Indeed, while prices in other departments are rising, like all of France, the Ain is on the decline in the first months of 2011.
Only border areas in Switzerland escape the rule. The dynamics remain whole boosted by the proximity with our Helvetian neighbors. For example, it takes a little more than 1500 € per square meter in Bourg en Bresse while prices are trading at just under 3500 € for a property in the country.
Situation concerns both old home sales and home builders
It should be noted that this situation concerns both old home sales and home builders.
Some sectors are even down as the regions of Haut-Bugey (Nantua, Bellegarde or Oyonnax) or Lower-Bugey (Belley, Amberieu, Culoz) who suffer from their poor economic situation.
The influence of a strong Swiss franc
One of the consequences of the financial crisis has been for many investors to put their savings in safe havens.
In addition to traditional bank books or gold coins, savers have also invested in hard currency. This is how the price of the Swiss Franc has risen dramatically since the beginning of the year, rising to record levels.
The exchange between the Swiss Franc and the Euro allows our Swiss neighbors and Swiss cross-border to benefit from a much greater purchasing power, which has not failed to affect the real estate market border Switzerland and in particular the Pays now.
The price varies according to the type of property
However, it is useful to weight these results according to the type of good that is being sought. It should be noted that larger homes attract the attention of buyers and therefore sell better than small homes.