Paris Housing Prices Sputter as Hollande’s Taxes Threaten Boom

Paris Housing Prices Sputter as Hollande’s Taxes Threaten Boom

Fabrice Dimier/Bloomberg

A French national flag flies near apartments in Paris. The average price of previously owned apartments in the French capital fell 2 percent in the fourth quarter of 2012 from the previous three months, when values peaked at a record 8,440 euros per square meter, according to Paris notaries and government statistics office Insee.