In Q3 2015, the year-on-year house prices decrease attenuatesHouse price index - 2015Q3

In Q3 2015, house prices rose compared to the previous quarter (+1.7%, not-seasonally adjusted raw data), driven up by second-hand dwellings (+1.8%). By contrast, prices of new dwellings increased very little (+0.3%).

Informations rapides
No 20
Paru le : 20/01/2016

In Q3 2015, house prices rose compared to the previous quarter (+1.7%, not-seasonally adjusted raw data), driven up by second-hand dwellings (+1.8%). By contrast, prices of new dwellings increased very little (+0.3%).

Year-on-year, house prices decreased at a slower pace

The year-on-year decrease in house prices moderated in Q3 2015: (−1.2% after −2.1% in Q2 2015). Second-hand dwellings prices went down again, but less steeply than during the previous quarter (−1.5% after −2.7%). As for new dwellings, prices kept increasing (+1.5% after +2.4%)

Revisions

The index has been revised to include transactions recorded after the previous publication. Compared to the publication of October 2015, the year-on-year variation of housing prices in Q2 2015 is revised upward by 0.1 points: it stands at −2.1% instead of −2.2%.

OLE_LINK2 – House price index

Base 100: 2010
House price index
Weights 2015 (%) Index 2015 Q3 (p) Percentage change compared with the previous quarter (p) Percentage change compared with the same quarter of the previous year (p)
All dwellings 100.0 101.3 1.7 −1.2
new dwellings 10.8 106.1 0.3 1.5
second-hand dwellings 89.2 100.7 1.8 −1.5
  • (p) Provisional data
  • Raw data
  • Source: INSEE, SOeS, French notaries – Database Bien, Perval

Documentation

Methodology (pdf, 175 Ko)