15 April 2015
2015- n° 86The fall of house prices continued in Q4 2014 (-2.0% year-on-year) House price index - 4th quarter 2014
In Q4 2014, house prices decreased by 1.8% compared to the previous quarter (non seasonally adjusted). This decrease was mainly due to second-hand dwellings which prices went down by 2.0% while those of new dwellings diminished by 0.3%.
In Q4 2014, house prices decreased by 1.8% compared to the previous quarter (non seasonally adjusted). This decrease was mainly due to second-hand dwellings which prices went down by 2.0% while those of new dwellings diminished by 0.3%.
Year-on-year, house prices still decreased
Year-on-year, prices of all dwellings (new and second-hand) went down by 2.0% in Q4, decreasing for the eleventh quarter in a row. In detail, prices of second-hand dwellings decreased in Q4 (-2.2%) more than during the previous quarters while those of new dwellings continued to decline more slightly (-0.2% year-on-year after -0.4%).
Reviews:
Compared to the previous publication (January 2015), house price index was downscaled by –0.1 point in Q3 2014.
tableauOLE_LINK2 – House price index
| Weights 2014 (%) | Index 2014 Q4 (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 | 100.7 | -1.8 | -2.0 |
| - new dwellings | 10.9 | 104.2 | -0.3 | -0.2 |
| - second-hand dwellings | 89.1 | 100.3 | -2.0 | -2.2 |
- (p) Provisional data
- Source: INSEE, SoeS, French notaries – Database Bien, Perval
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