In Q4 2016, house prices accelerated year on year (+1.9%)House price index - fourth quarter 2016

In Q4 2016, house prices slightly decreased compared to the previous quarter (−0.3%, not-seasonally adjusted data) after two quarters of increase. This slight downturn was due to second-hand dwellings (−0.4%). However, the prices of new dwellings grew again (+0.7%).

Informations rapides
No 95
Paru le : 07/04/2017
Prochaine parution le : 30/11/2017 at 08:45 - third quarter 2017

In Q4 2016, house prices slightly decreased compared to the previous quarter (−0.3%, not-seasonally adjusted data) after two quarters of increase. This slight downturn was due to second-hand dwellings (−0.4%). However, the prices of new dwellings grew again (+0.7%).

Year on year, house prices kept speeding up

Year on year, house prices accelerated further in Q4 2016 (+1.9% after +1.4% in Q3 and +0.7% in Q2). New dwelling prices grew faster (+2.9% y-o-y) than second-hand dwelling prices (+1.8%).

Revisions

The index of Q3 2016 has been revised to include transactions recorded after the previous publication. Compared to the publication of 19 January 2016, the year-on-year variation in housing prices in Q3 2016 has been revised downward by 0.4 points: it now stands at +1.4% instead of +1.8%.

Table – House price index

Base 100: 2010
House price index
Weights 2016 (%) Index 2016 Q4 (p) Percentage change compared with the previous quarter (p) Percentage change compared with the same quarter of the previous year (p)
All dwellings 100.0 102.2 −0.3 1.9
new dwellings 10.3 109.2 0.7 2.9
second-hand dwellings 89.7 101.4 −0.4 1.8
  • Raw data
  • (p) Provisional data
  • Scope: metropolitan France except Corsica
  • Source: INSEE, SOeS, French notaries – Database Bien, Perval

Documentation

Methodology (pdf, 175 Ko)