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French property market cooling? Sales of new homes fall 24 pct

Posted on 12 May 2011

The sale of new homes in France fell 24 per cent in the first three months of 2011, according to the federation of French property developers (FPI).
In a sign that the French property market may be starting to cool, sales of new homes fell from 20,054 units in the first quarter of 2010 to 15,162 between January and March 2011, the FPI reported in a statement……………………………………….Full Article: Source

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