High unemployment and a weak economy are likely to mean house price falls of 2%-3% in France next year, industry group the National Federation of Property Brokers, or FNAIM, estimates, compounding an expected 1.7% fall in prices this year.
Sales volumes for existing houses and apartments could drop to around 700,000 next year, the group said. It expects a 0.3% rise in sales of such properties this year, to 720,000.
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