Strong house price surge in Paris. Weakness ahead!
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House prices in France rose by 4.3% (1.8% when adjusted for inflation) during 2011, according to the National Institute for Statistical and Economic Studies (INSEE).
However rougher weather lies ahead: nationally French property prices could drop by 5% to 6% in 2012, forecasts Credit Agricole, which also predicts an 8% decline in sales. The pace of house price rises softened in the latest quarter.
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