Global falls in the price of property could be positive for those looking to invest in homes overseas, it has been noted.
According to Christopher Chadd, the head of research at Property Frontiers, price rises in property around the world show that markets need to "correct and stabilise".
"First and foremost, property markets are dictated by local supply and demand and if the local market is priced out of the market then a market isn’t sustainable," he pointed out.
Such news might be of interest to those who own property in France, as could Mr Chadd’s opinion that property in France is likely to remain popular for some time.
As well as property in France, Mr Chadd said that property in Spain and homes in Portugal will continue to be a popular choice for those making property investments abroad.
Falling prices in global property could make now the best time for people to invest in property in France or an overseas holiday home in Portugal.
