In Q2 2015, house prices still decreased year-on-year (-2.2%)House price index - 2nd quarter 2015

In Q2 2015, house prices remained practically stable (+0.1%) compared to the previous quarter (not-seasonally adjusted raw data). Prices of second-hand dwellings stagnated while prices of new dwellings rose (+0.8%).

Informations rapides
No 246
Paru le : 08/10/2015

In Q2 2015, house prices remained practically stable (+0.1%) compared to the previous quarter (not-seasonally adjusted raw data). Prices of second-hand dwellings stagnated while prices of new dwellings rose (+0.8%).

Year-on-year, house prices still decreased

Compared to the same quarter last year, house prices decreased in Q2 2015 (–2.2% after –2.0% in Q1 2015). This decrease is due to second-hand dwellings which prices went down by 2.7% year-on-year, while prices of new dwellings increased (+2.4%).

Revisions

The index is revised to include transactions recorded after the last publication. Compared to the previous publication (July 2015), the evolution of housing prices in Q1 2015 is downscaled by 0.5 point : it stands at –1.0% instead of –0.5%, due to second-hand dwellings prices revision.

OLE_LINK2 – House price index

Base 100 : 2010
House price index
Weights 2015 (%) Index 2015 Q2 (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 99.6 0.1 –2.2
new dwellings 10.8 105.8 0.8 2.4
second-hand dwellings 89.2 98.8 0.0 –2.7
  • (p) Provisional data
  • Raw data
  • Source : INSEE, SoeS, French notaries – Database Bien, Perval

Documentation

Methodology (pdf, 175 Ko)