French house prices up 15.5% in 2004

February 22, 2005 at 10:21 pm · Filed under Property Market

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France had the strongest housing market of the 15 European countries tracked by the London-based Royal Institution of Chartered Surveyors last year, with house prices increasing 15.5 percent, after an 11 percent gain the year before. French housing starts rose 15 percent in the last three months of 2004 from a year earlier, spurred by interest rates near record lows.

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