| Paris’s housing market is stalling as buyers are deterred by record prices following two years of gains that outstripped London and New York.
Average prices fell by about 3 percent in the first five months of the year, according to an index compiled by Databiens.com based mainly on reports from the city’s affluent western districts. While it’s the only gauge so far to register a drop, other indicators show that transactions are falling and the time it takes to sell a property has almost doubled from a year ago..............................................Full Article: Source
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