ECB rates remains on hold at 1% for the 12th month in a row. With the crisis sparked by Greek debt it is unlikely that the bank will look to raise its base rate.
Winter’s over and with Spring comes buying season. May is historically one of the best times for buyers to investigate the property market in the Alps. The winter rush of window shoppers is over and more property is put up for sale. Sellers may also drop their prices as there are fewer buyers around in the inter-seasons.