Informations Rapides ·
25 June 2021 · n° 166
In Q1 2021, the rise in house prices continued House price index - first quarter 2021
In Q1 2021, the house prices in metropolitan France continued to rise, but slowed down a bit: +1.3% compared to the previous quarter with seasonnally adjusted (s.a.) data, after +2.3% in Q4 2020. Year on year, house prices increased this quarter (+5.5% after +5.8%).
In Q1 2021, the house prices in metropolitan France continued to rise, but slowed down a bit: +1.3% compared to the previous quarter with seasonnally adjusted (s.a.) data, after +2.3% in Q4 2020. Year on year, house prices increased this quarter (+5.5% after +5.8%).
House prices increased once again in Q1 2021
In Q1 2021, house prices slowed down (+1.3%, s.a. data), after +2.3% in the previous quarter. In detail, second-hand dwellings prices increased by +1.4% (after +2.4% in the previous quarter); new dwellings prices accelerated (+1.5% after +0.6% the previous quarter).
Year on year, house prices slightly slowed down (+5.5% after +5.8% in the previous quarter). Second-hand dwellings prices grew much faster (+5.9% y-o-y) than new dwellings prices (+3.3%).
tableauHouse price index (Base 100: 2015)
| Weights 2021 (%) | Index 2021 Q1 (s.a.) (p) | Percentage change compared with the previous quarter (p) (s.a.) | Percentage change compared with the same quarter of the previous year (p) | |
|---|---|---|---|---|
| All dwellings | 100.0 | 120.8 | 1.3 | 5.5 |
| - new dwellings | 12.7 | 118.8 | 1.5 | 3.3 |
| - second-hand dwellings | 87.3 | 121.3 | 1.4 | 5.9 |
- (p) provisional data, (s.a.) seasonnally adjusted
- Scope: metropolitan France.
- Source: INSEE, SDES, ADSN – BIEN – Grand Paris notaries, French notaries, Perval society.
tableauNew and second-hand dwellings price index in metropolitan France
| New and second-hand dwellings | New dwellings | |
|---|---|---|
| 2000-Q1 | 48.3 | 51.8 |
| 2000-Q2 | 49.1 | 52.4 |
| 2000-Q3 | 50.1 | 53.1 |
| 2000-Q4 | 50.7 | 53.6 |
| 2001-Q1 | 51.8 | 54.0 |
| 2001-Q2 | 52.8 | 54.6 |
| 2001-Q3 | 53.6 | 55.0 |
| 2001-Q4 | 54.6 | 57.1 |
| 2002-Q1 | 55.6 | 57.6 |
| 2002-Q2 | 56.9 | 58.8 |
| 2002-Q3 | 58.5 | 59.8 |
| 2002-Q4 | 59.9 | 60.9 |
| 2003-Q1 | 61.5 | 62.2 |
| 2003-Q2 | 63.3 | 63.4 |
| 2003-Q3 | 65.2 | 64.9 |
| 2003-Q4 | 67.3 | 66.1 |
| 2004-Q1 | 69.9 | 67.8 |
| 2004-Q2 | 72.2 | 69.5 |
| 2004-Q3 | 74.8 | 71.2 |
| 2004-Q4 | 77.6 | 72.8 |
| 2005-Q1 | 80.4 | 76.0 |
| 2005-Q2 | 83.3 | 77.8 |
| 2005-Q3 | 86.2 | 79.9 |
| 2005-Q4 | 88.9 | 82.3 |
| 2006-Q1 | 91.4 | 83.7 |
| 2006-Q2 | 93.8 | 85.4 |
| 2006-Q3 | 95.5 | 86.5 |
| 2006-Q4 | 97.3 | 88.1 |
| 2007-Q1 | 98.8 | 89.2 |
| 2007-Q2 | 100.0 | 89.8 |
| 2007-Q3 | 100.9 | 91.4 |
| 2007-Q4 | 102.5 | 91.7 |
| 2008-Q1 | 102.8 | 91.6 |
| 2008-Q2 | 102.7 | 92.8 |
| 2008-Q3 | 101.5 | 92.1 |
| 2008-Q4 | 99.0 | 91.0 |
| 2009-Q1 | 96.3 | 91.5 |
| 2009-Q2 | 94.5 | 91.7 |
| 2009-Q3 | 94.7 | 92.1 |
| 2009-Q4 | 95.8 | 93.1 |
| 2010-Q1 | 97.5 | 93.1 |
| 2010-Q2 | 98.9 | 94.0 |
| 2010-Q3 | 100.3 | 94.8 |
| 2010-Q4 | 102.3 | 96.2 |
| 2011-Q1 | 104.0 | 98.3 |
| 2011-Q2 | 105.5 | 98.8 |
| 2011-Q3 | 106.2 | 99.5 |
| 2011-Q4 | 106.2 | 99.9 |
| 2012-Q1 | 105.7 | 99.3 |
| 2012-Q2 | 105.2 | 99.1 |
| 2012-Q3 | 104.6 | 98.0 |
| 2012-Q4 | 104.0 | 97.9 |
| 2013-Q1 | 103.6 | 97.5 |
| 2013-Q2 | 103.0 | 97.7 |
| 2013-Q3 | 102.6 | 99.0 |
| 2013-Q4 | 102.5 | 98.6 |
| 2014-Q1 | 102.1 | 98.4 |
| 2014-Q2 | 101.8 | 97.7 |
| 2014-Q3 | 101.2 | 98.6 |
| 2014-Q4 | 100.3 | 98.7 |
| 2015-Q1 | 100.1 | 99.5 |
| 2015-Q2 | 99.9 | 100.1 |
| 2015-Q3 | 99.9 | 100.2 |
| 2015-Q4 | 100.2 | 100.4 |
| 2016-Q1 | 100.4 | 100.2 |
| 2016-Q2 | 100.6 | 101.1 |
| 2016-Q3 | 101.3 | 102.4 |
| 2016-Q4 | 101.9 | 103.1 |
| 2017-Q1 | 103.1 | 104.8 |
| 2017-Q2 | 103.9 | 105.4 |
| 2017-Q3 | 104.5 | 105.8 |
| 2017-Q4 | 105.3 | 106.9 |
| 2018-Q1 | 106.1 | 107.5 |
| 2018-Q2 | 106.8 | 108.0 |
| 2018-Q3 | 107.5 | 108.2 |
| 2018-Q4 | 108.6 | 109.9 |
| 2019-Q1 | 109.2 | 109.9 |
| 2019-Q2 | 110.3 | 112.0 |
| 2019-Q3 | 111.2 | 113.2 |
| 2019-Q4 | 112.7 | 114.2 |
| 2020-Q1 | 114.5 | 115.0 |
| 2020-Q2 | 115.9 | 114.5 |
| 2020-Q3 | 116.7 | 116.3 |
| 2020-Q4 | 119.3 | 117.0 |
| 2021-Q1 | 120.8 | 118.8 |
graphiqueNew and second-hand dwellings price index in metropolitan France
- Scope: metropolitan France.
- Source: INSEE, SDES, ADSN – BIEN – Grand Paris notaries, French notaries, Perval society.
Revisions
The Q4 2020 indices were revised to include observations recorded after the previous publication as well as the revision of the weights of new and second-hand dwellings. The year-on-year variation in new dwellings prices in Q4 2020 was revised downwards by 0.3 points compared to the previous publication (+2.5% instead of +2.8%). Second-hand dwellings prices stood at +6.4%. All in all, housing prices year-on-year variation in Q4 2020 was revised downwards (+5.8% instead of +6.1%).
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 here: https://www.insee.fr/en/statistiques/series/105071770?INDICATEUR=2770594%2B2878205+2B2878202+ZONE_GEO=2320658
Next issue: 24 September 2021, 12:00pm.
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 here: https://www.insee.fr/en/statistiques/series/105071770?INDICATEUR=2770594%2B2878205+2B2878202+ZONE_GEO=2320658
Next issue: 24 September 2021, 12:00pm.