9 July 2015
2015- n° 166House prices decreased again in Q1 2015 (-1.6% year-on-year) House price index - 1st quarter 2015
In Q1 2015, house prices continued to decrease: they declined by 0.5% compared with the previous quarter (after –2.0% during the fourth quarter of 2014), as a consequence of a further decrease of the prices of second-hand dwellings (–0.7%, after –2.2%). In contrast, prices of new dwellings picked up q-o-q (+0.6%, after –0.2%).
In Q1 2015, house prices continued to decrease: they declined by 0.5% compared with the previous quarter (after –2.0% during the fourth quarter of 2014), as a consequence of a further decrease of the prices of second-hand dwellings (–0.7%, after –2.2%). In contrast, prices of new dwellings picked up q-o-q (+0.6%, after –0.2%).
Year-on-year, house prices continued to decline
Compared with the same quarter last year, house prices have continued to decline in Q1 2015 (-1.6%, after –2.2%). In details, prices of second–hand dwellings went down by 1.9%, while prices of new dwellings increased (+1.2%).
Revisions:
Compared with the previous publication (April 2015), house price index In Q4 2014 has been downscaled by 0.2 point.
tableauOLE_LINK2 – House price index
| Weights 2015 (%) | Index 2015 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 | 100.0 | -0.5 | -1.6 |
| - new dwellings | 10.8 | 105.0 | 0.6 | 1.2 |
| - second-hand dwellings | 89.2 | 99.3 | -0.7 | -1.9 |
- (p) Provisional data
- Sources: INSEE, SoeS, French notaries – Database Bien, Perval
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