House 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%).

Informations rapides
No 166
Paru le : 09/07/2015

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%).

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.

OLE_LINK2 – House price index

Base 100: 2010
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

Documentation

Methodology (pdf, 175 Ko)