When we bought our present property in France in February 2003 it was at an exchange rate of 1£=1.56€.
Property values have gone up by some 30+% in euro terms since we bought and the exchange rate is now approx 1£ = 1.26€ - meaning that those euros are worth some 20% more in sterling terms.
Whilst the number of British house seekers has markedly declined with the UK under its current management; the rest of Europe (although affected by the current Market conditions) has been far less volatile. The former Baltic States who are now part of the EU are replacing the British in the quest for a home in the Sun.
We are still fielding telephone calls from Local Estate Agents asking if we wish to put our property on the market - and the number of Estate Agencies in the local Town has increased from 4 in 2002 to 9 today.