Shows off apartments housing a Parisian (7)

I believe the answer is:

flaunts

'shows off' is the definition.
('flaunt' can be a synonym of 'show off')

'apartments housing a parisian' is the wordplay.
'apartments' becomes 'flats' ('flat' can be a synonym of 'apartment').
'housing' is an insertion indicator.
'a parisian' becomes 'un'.
'flats' placed around 'un' is 'FLAUNTS'.

I've seen this clue in The Telegraph.

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