drop in real estate sales
home sales fall sharply in France. So players property market in France suffer the consequences.
Real estate agencies are undergoing real estate crisis. Thus, more and more of them put the key under the door and others heading towards bankruptcy.
Industry representatives believe that their number is expected to decline 10 to 15% in 2009. It is true that for 10 years the number of branches has increased by two and the sector has not improved in quality. With the housing bubble recent years many have improvised sellers of real estate. While declining quality, funding crisis and falling real estate prices, it is time to purge.
See article: Lower transaction worries estate agents
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