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28 May 2012

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Paris home prices surge 17.5% to new peak

Paris existing home prices rose 4.4% in fourth quarter, reaching a new high of E7,330 per sq.m., and were up a large 17.5% over the year, according to the regional notaries association. Prices nonetheless fell short of the notaries' forecast of a 20% increase. Agreements signed in January and February suggest prices have, however, continued rising and reached E7,600

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