Insee
Informations Rapides · 21 June 2024 · n° 155
Informations rapidesIn Q1 2024, house prices fell again (-1.4%) House price index - first quarter 2024

In Q1 2024, the house prices of metropolitan France fell by 1.4% compared to the previous quarter (provisional seasonally-adjusted data), after -1.7% in Q4 2023. They fell for the fifth quarter in a row. Prices of second-hand dwellings decreased (-1.6% compared with the previous quarter, after -1.8% in the fourth quarter) at a faster rate than prices of new dwellings (-0.3%, after -0.5%).

Informations rapides
No 155
Paru le :Paru le21/06/2024
Prochaine parution le : 09/09/2025 at 08:45 - second quarter 2025

House prices continued to fall

In Q1 2024, the house prices of metropolitan France fell by 1.4% compared to the previous quarter (provisional seasonally-adjusted data), after -1.7% in Q4 2023. They fell for the fifth quarter in a row. Prices of second-hand dwellings decreased (-1.6% compared with the previous quarter, after -1.8% in the fourth quarter) at a faster rate than prices of new dwellings (-0.3%, after -0.5%).

Year on year house prices continued to decline

Year on year, house prices went down (-4.8% after -3.6% in Q4 2023). This decline was driven by prices of second-hand dwellings (-5.2% after -3.9%). Prices of new dwellings fell also over a year: -1.2% after -0,9%.

House price index (Base 100: 2015)

House price index (Base 100: 2015)
Weights 2024 (%) Index 2024 Q1 (SA data) (p) Percentage change compared with the previous quarter (p) (SA data) Percentage change compared with the same quarter of the previous year (p)
All dwellings 100.0 127.0 -1.4 -4.8
- new dwellings 9.6 128.8 -0.3 -1.2
- second-hand dwellings 90.4 126.8 -1.6 -5.2
  • (p) provisional data, (SA data) seasonally adjusted
  • Scope: metropolitan France.
  • Sources: INSEE, SDES, French notaries – ADSN Group, Grand Paris notaries – PNS

New and second-hand dwellings price index in metropolitan France

New and second-hand dwellings price index in metropolitan France
New and second-hand dwellings New dwellings
2024-Q1 127.0 128.8
2023-Q4 128.9 129.2
2023-Q3 131.0 129.8
2023-Q2 132.4 130.2
2023-Q1 133.3 130.4
2022-Q4 133.5 130.1
2022-Q3 133.3 130.4
2022-Q2 131.5 127.8
2022-Q1 129.4 123.9
2021-Q4 127.5 123.8
2021-Q3 125.2 122.1
2021-Q2 123.1 120.2
2021-Q1 121.0 118.8
2020-Q4 119.3 117.1
2020-Q3 116.9 116.6
2020-Q2 116.0 114.5
2020-Q1 114.6 115.1
2019-Q4 112.7 114.1
2019-Q3 111.5 112.8
2019-Q2 110.3 111.9
2019-Q1 109.2 110.3
2018-Q4 108.5 109.4
2018-Q3 107.8 108.3
2018-Q2 106.8 108.0
2018-Q1 106.2 107.4
2017-Q4 105.3 106.9
2017-Q3 104.8 105.9
2017-Q2 103.9 105.4
2017-Q1 103.2 104.7
2016-Q4 101.8 103.1
2016-Q3 101.5 102.8
2016-Q2 100.6 101.1
2016-Q1 100.4 100.4
2015-Q4 100.2 100.3
2015-Q3 100.0 100.4
2015-Q2 99.9 100.0
2015-Q1 100.0 99.2
2014-Q4 100.3 98.8
2014-Q3 101.3 98.5
2014-Q2 101.9 97.7
2014-Q1 102.1 98.4
2013-Q4 102.5 98.6
2013-Q3 102.6 98.6
2013-Q2 103.1 97.7
2013-Q1 103.7 97.8
2012-Q4 104.1 97.5
2012-Q3 104.7 98.1
2012-Q2 105.4 99.1
2012-Q1 105.8 99.4
2011-Q4 106.1 100.0
2011-Q3 106.2 99.8
2011-Q2 105.4 98.8
2011-Q1 103.8 98.0
2010-Q4 102.0 96.5
2010-Q3 100.0 94.8
2010-Q2 98.6 94.0
2010-Q1 97.1 93.1
2009-Q4 95.6 93.0
2009-Q3 94.6 92.2
2009-Q2 94.4 91.6
2009-Q1 96.1 91.3
2008-Q4 98.7 91.1
2008-Q3 101.3 92.0
2008-Q2 102.4 92.8
2008-Q1 102.5 91.8
2007-Q4 102.0 91.3
2007-Q3 100.7 91.5
2007-Q2 99.5 89.8
2007-Q1 98.4 89.2
2006-Q4 97.3 88.1
2006-Q3 95.5 86.6
2006-Q2 93.6 85.4
2006-Q1 91.4 83.6
2005-Q4 88.9 82.3
2005-Q3 86.3 80.1
2005-Q2 83.4 77.8
2005-Q1 80.5 75.7
2004-Q4 77.6 73.1
2004-Q3 74.8 71.3
2004-Q2 72.2 69.5
2004-Q1 69.9 67.8
2003-Q4 67.3 66.2
2003-Q3 65.2 64.9
2003-Q2 63.4 63.4
2003-Q1 61.6 62.2
2002-Q4 60.0 60.8
2002-Q3 58.5 59.6
2002-Q2 57.0 58.8
2002-Q1 55.6 57.7
2001-Q4 54.8 56.8
2001-Q3 53.7 55.1
2001-Q2 52.9 54.6
2001-Q1 51.9 53.9
2000-Q4 50.9 53.6
2000-Q3 50.2 53.2
2000-Q2 49.2 52.4
2000-Q1 48.4 51.8
  • Note: data for the last quarter are provisional.

New and second-hand dwellings price index in metropolitan France

  • Note: data for the last quarter are provisional.
  • Scope: metropolitan France.
  • Source: INSEE, SDES, Notaires de France – Groupe ADSN, Notaires du Grand Paris – PNS.

Revisions

In metropolitan France, the quarterly variation (seasonally-adjusted ) in the index ofprices for new and second-hand dwellings in Q4 2023 is unchanged (-1.7% after rounding).

For further information

Next issue: 27 September 2024 at 12:00 pm.

Pour en savoir plus

Next issue: 27 September 2024 at 12:00 pm.

: bureau-de-presse@insee.fr