20 December 2017
2017- n° 335In Q3 2017, house prices keep increasing (+3.9% year on year) House price index - third quarter 2017
In Q3 2017, house prices increased compared to the previous quarter (+2.9%, not-seasonally adjusted data). This rise was essentially due to second-hand dwellings (+3.1%) whereas it is lower for new dwellings (+0.6%).
Year-on-year, new dwelling prices grew slightly less (+3.6%) than second-hand dwelling prices (+3.9%), contrary to the trend observed over the last four years. Overall, house prices increased by 3.9% y-o-y in Q3 2017, after +3.2% in Q2 2017.
The rise of house prices accentuated
In Q3 2017, house prices increased compared to the previous quarter (+2.9%, not-seasonally adjusted data). This rise was essentially due to second-hand dwellings (+3.1%) whereas it is lower for new dwellings (+0.6%).
Year-on-year, new dwelling prices grew slightly less (+3.6%) than second-hand dwelling prices (+3.9%), contrary to the trend observed over the last four years. Overall, house prices increased by 3.9% y-o-y in Q3 2017, after +3.2% in Q2 2017.
Revisions
The index of Q2 2017 has been revised to include transactions recorded after the previous publication. Compared to the publication of 11 October 2017, the year-on-year variation in housing prices in Q2 2017 has been revised downward by 0.3 points: it now stands at +3.2% instead of +3.5%.
tableauTable – House price index
| Weights 2017 (%) | Index 2017 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 | 106.4 | 2.9 | 3.9 |
| new dwellings | 9.6 | 106.2 | 0.6 | 3.6 |
| second-hand dwellings | 90.4 | 106.4 | 3.1 | 3.9 |
- Raw data
- (p) Provisional data
- Scope: metropolitan France except Corsica
- Source: INSEE, SDES, French notaries – Database Bien, Perval
Pour en savoir plus
