20 January 2016
2016- n° 20In Q3 2015, the year-on-year house prices decrease attenuates House price index - 2015Q3
In Q3 2015, house prices rose compared to the previous quarter (+1.7%, not-seasonally adjusted raw data), driven up by second-hand dwellings (+1.8%). By contrast, prices of new dwellings increased very little (+0.3%).
In Q3 2015, house prices rose compared to the previous quarter (+1.7%, not-seasonally adjusted raw data), driven up by second-hand dwellings (+1.8%). By contrast, prices of new dwellings increased very little (+0.3%).
Year-on-year, house prices decreased at a slower pace
The year-on-year decrease in house prices moderated in Q3 2015: (−1.2% after −2.1% in Q2 2015). Second-hand dwellings prices went down again, but less steeply than during the previous quarter (−1.5% after −2.7%). As for new dwellings, prices kept increasing (+1.5% after +2.4%)
Revisions
The index has been revised to include transactions recorded after the previous publication. Compared to the publication of October 2015, the year-on-year variation of housing prices in Q2 2015 is revised upward by 0.1 points: it stands at −2.1% instead of −2.2%.
tableauOLE_LINK2 – House price index
| Weights 2015 (%) | Index 2015 Q3 (p) | Percentage change compared with the previous quarter (p) | Percentage change compared with the same quarter of the previous year (p) | |
|---|---|---|---|---|
| All dwellings | 100.0 | 101.3 | 1.7 | −1.2 |
| new dwellings | 10.8 | 106.1 | 0.3 | 1.5 |
| second-hand dwellings | 89.2 | 100.7 | 1.8 | −1.5 |
- (p) Provisional data
- Raw data
- Source: INSEE, SOeS, French notaries – Database Bien, Perval
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