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01/04/2017

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Bankers swapping London for Paris after the Brexit vote are moving from a slumping luxury-homes market to a red-hot one.

A weakening pound has “meant differences in prices between Paris and London have fluctuated significantly over the last 12 months,” said Databiens, the French unit of property researcher LonRes. “Since the start of 2016, prices in Paris have begun to rise, whereas in central London we saw values fall.”