26 June 2020
2020- n° 160In Q1 2020, house prices went up by 4.9% year on year House price index - first quarter 2020
In Q1 2020, house prices were higher compared to the previous quarter (+1.0%, raw data). Year on year, the increase in house prices was intensifying (+4.9% after +3.8%).
Given the context of the health crisis due to the Covid-19, the statistics published in this “Informations Rapides” may be less accurate than usual as they are affected by additional delays in processing or administrative declarations. This publication concerns the first quarter of 2020 and is therefore affected by two weeks of containment.
In Q1 2020, house prices were higher compared to the previous quarter (+1.0%, raw data). Year on year, the increase in house prices was intensifying (+4.9% after +3.8%).
Year on year, the rise of house prices was intensifying
In Q1 2020, house prices were higher than the previous quarter (+1.0%, raw data). In detail, second-hand dwelling prices increased by +1.2% (after +0.2% the previous quarter). However, new dwelling prices decreased by 0.2% (after +1.1%).
Year on year, the increase in house prices was intensifying (+4.9% after +3.8% the previous quarter). Second-hand dwelling prices grew faster (+5.0% y-o-y) than new dwelling prices (+3.9%).
tableauHouse price index (Base 100: 2015)
Weights 2020 (%) | Index 2020 Q1 (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 | 113.8 | 1.0 | 4.9 |
- new dwellings | 9.0 | 114.1 | -0.2 | 3.9 |
- second-hand dwellings | 91.0 | 113.7 | 1.2 | 5.0 |
- (p) Provisional data
- Scope: metropolitan France
- Source: INSEE, SDES, ADSN – BIEN – Grand Paris notaries, French notaries, Perval society
Revisions
The indices of Q4 2019 were revised to include observations recorded after the previous publication. The year-on-year variation in new dwelling prices in Q4 2019 is unchanged compared to the previous publication (+4.0%). The total housing prices one in Q4 2019 is also unchanged (+3.8%).
For further information
Price index of second-hand dwellings published here is the Notaires-Insee index, not seasonally adjusted.
A methodological note is available on the web page of this index:
https://www.insee.fr/en/metadonnees/source/serie/s1028
Historical data are available on the BDM:
• new and second-hand dwellings (https://www.insee.fr/en/statistiques/serie/010001868)
• new dwellings (https://www.insee.fr/en/statistiques/serie/010001869)
• second-hand dwellings (https://www.insee.fr/en/statistiques/series/105071770)
Next issue: 25 September 2020 12:00
Pour en savoir plus
Price index of second-hand dwellings published here is the Notaires-Insee index, not seasonally adjusted.
A methodological note is available on the web page of this index:
https://www.insee.fr/en/metadonnees/source/serie/s1028
Historical data are available on the BDM:
• new and second-hand dwellings (https://www.insee.fr/en/statistiques/serie/010001868)
• new dwellings (https://www.insee.fr/en/statistiques/serie/010001869)
• second-hand dwellings (https://www.insee.fr/en/statistiques/series/105071770)
Next issue: 25 September 2020 12:00