French property prices seen to fall by 4% this year

[PARIS] French house prices will probably fall by as much as 4 per cent this year after dropping 2.9 per cent in 2013 as buyers were deterred by unemployment, taxes and regulations, a property brokers group said.

Sales of previously owned houses and apartments may drop to around 650,000 from 668,000 last year, the FNAIM French federation of 12,000 …