11.05.2011 - Paris property market steams ahead with 20pct price growth
The price of an apartment in Paris continues to skyrocket, with one real estate firm reporting a 20% rise in prices last year alone, with more increases expected over the rest of 2011. Tim Swannie of luxury French property specialists Home Hunts says the influx of foreign buyers looking for a sturdy European investment opportunity, combined with locals hanging onto their existing real estate, has created a demand-supply imbalance in the market..............................................Full Article: Source
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