Thursday, 12 April 2012

Euro sterling reaches new highs!

Just seen a spot price for Euro / Sterling of 1.2124.  It's been many a moon since we have seen sterling this strong and if this level is maintained it represents an important breakthrough. It will be good for confidence generally, excellent for our tourism in France and we think this could therefore be a sparking point for increased market activity in resales of French properties to UK buyers.

Many buyers have been waiting for the best conditions.  With prices at competitive levels and improving exchange rates boosting confidence, it will be interesting to watch this space....

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