Saturday, October 30, 2010

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Paris: housing prices soaring!

Notaries Ile de France just released their latest index of changes in property prices in Paris and in the Paris. Result soaring house prices is confirmed.

Thus, housing prices rose 10.6% in Ile de France averaged over one year (August 2010 data). Stronger still, property prices in Paris exploded over this period with an increase of 12.9%. Incredible level of the housing bubble reminiscent of the early 2000s.

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