Insee
Informations Rapides · 24 September 2021 · n° 251
Informations rapidesIn Q2 2021, the rise in house prices continuedHouse price index - second quarter 2021

Informations rapides
No 251
Paru le : Paru le 24/09/2021

House prices increased once again in Q2 2021

In Q2 2021, the house prices in metropolitan France continued to rise: +1.4% compared to the previous quarter with seasonnally adjusted (s.a.) data, after +1.3% in the previous quarter. In detail, second-hand dwellings prices accelerated slightly (+1.5% after +1.2% in the previous quarter); new dwellings prices slowed down (+1.0% after +1.7% in the previous quarter).

Year on year, house prices kept rising (+5.7% after +5.6% in the previous quarter). Second-hand dwellings prices grew faster (+5.9% y-o-y) than new dwellings prices (+4.9%).

House price index (Base 100: 2015)

House price index (Base 100: 2015)
Weights 2021 (%) Index 2021 Q2 (s.a.) (p) Percentage change compared with the previous quarter (p) (s.a.) Percentage change compared with the same quarter of the previous year (p)
All dwellings 100.0 122.6 1.4 5.7
- new dwellings 12.7 120.2 1.0 4.9
- second-hand dwellings 87.3 123.0 1.5 5.9
  • (p) provisional data, (s.a.) seasonnally adjusted
  • Scope: metropolitan France.
  • Source: INSEE, SDES, ADSN – BIEN – Grand Paris notaries, French notaries, Perval society.

New and second-hand dwellings price index in metropolitan France

New and second-hand dwellings price index in metropolitan France
New and second-hand dwellings New dwellings
2000-Q1 48.3 51.8
2000-Q2 49.1 52.4
2000-Q3 50.1 53.1
2000-Q4 50.7 53.6
2001-Q1 51.8 54.0
2001-Q2 52.8 54.6
2001-Q3 53.6 55.0
2001-Q4 54.6 57.1
2002-Q1 55.6 57.6
2002-Q2 56.9 58.8
2002-Q3 58.5 59.8
2002-Q4 59.9 60.9
2003-Q1 61.5 62.2
2003-Q2 63.3 63.4
2003-Q3 65.2 64.9
2003-Q4 67.3 66.1
2004-Q1 69.9 67.8
2004-Q2 72.2 69.5
2004-Q3 74.8 71.2
2004-Q4 77.6 72.8
2005-Q1 80.4 76.0
2005-Q2 83.3 77.8
2005-Q3 86.2 79.9
2005-Q4 88.9 82.3
2006-Q1 91.4 83.7
2006-Q2 93.8 85.4
2006-Q3 95.5 86.5
2006-Q4 97.3 88.1
2007-Q1 98.8 89.2
2007-Q2 100.0 89.8
2007-Q3 100.9 91.4
2007-Q4 102.5 91.7
2008-Q1 102.8 91.6
2008-Q2 102.7 92.8
2008-Q3 101.5 92.1
2008-Q4 99.0 91.0
2009-Q1 96.3 91.5
2009-Q2 94.5 91.7
2009-Q3 94.7 92.1
2009-Q4 95.8 93.1
2010-Q1 97.5 93.1
2010-Q2 98.9 94.0
2010-Q3 100.3 94.8
2010-Q4 102.3 96.2
2011-Q1 104.0 98.3
2011-Q2 105.5 98.8
2011-Q3 106.2 99.5
2011-Q4 106.2 99.9
2012-Q1 105.7 99.3
2012-Q2 105.2 99.1
2012-Q3 104.6 98.0
2012-Q4 104.0 97.9
2013-Q1 103.6 97.5
2013-Q2 103.0 97.7
2013-Q3 102.6 99.0
2013-Q4 102.5 98.6
2014-Q1 102.1 98.4
2014-Q2 101.8 97.7
2014-Q3 101.2 98.6
2014-Q4 100.3 98.7
2015-Q1 100.1 99.5
2015-Q2 99.9 100.1
2015-Q3 99.9 100.2
2015-Q4 100.2 100.4
2016-Q1 100.4 100.2
2016-Q2 100.6 101.1
2016-Q3 101.3 102.4
2016-Q4 101.9 103.1
2017-Q1 103.1 104.8
2017-Q2 103.9 105.4
2017-Q3 104.5 105.8
2017-Q4 105.3 106.9
2018-Q1 106.1 107.5
2018-Q2 106.8 108.0
2018-Q3 107.5 108.2
2018-Q4 108.6 109.9
2019-Q1 109.2 109.9
2019-Q2 110.3 112.0
2019-Q3 111.2 113.2
2019-Q4 112.7 114.2
2020-Q1 114.5 115.0
2020-Q2 115.9 114.5
2020-Q3 116.7 116.3
2020-Q4 119.3 117.0
2021-Q1 120.9 119.0
2021-Q2 122.6 120.2

New and second-hand dwellings price index in metropolitan France

  • Scope: metropolitan France.
  • Source: INSEE, SDES, ADSN – BIEN – Grand Paris notaries, French notaries, Perval society.

Revisions

The Q1 2021 indices were revised to include observations recorded after the previous publication. The year-on-year variation in new dwellings prices in Q1 2021 was revised upwards by 0.2 points compared to the previous publication (+3.5% instead of +3.3%). The variation in second-hand dwellings prices was also revised upwards (+6.0% instead of +5.9%). All in all, housing prices year-on-year variation in Q1 2021 was revised upwards by 0.1 points (+5.6% instead of +5.5%).

For further information

Price index of second-hand dwellings published here is the Notaires-Insee index, not seasonally adjusted.

A methodological note is available on the web page of this index:

https://www.insee.fr/en/metadonnees/source/serie/s1028.

Historical data are available here: https://www.insee.fr/en/statistiques/series/105071770?INDICATEUR=2770594%2B2878205+2B2878202+ZONE_GEO=2320658

Next issue: 17 December 2021, 12:00pm.

Documentation

Methodology (pdf, 31 Ko)

Pour en savoir plus

Price index of second-hand dwellings published here is the Notaires-Insee index, not seasonally adjusted.

A methodological note is available on the web page of this index:

https://www.insee.fr/en/metadonnees/source/serie/s1028.

Historical data are available here: https://www.insee.fr/en/statistiques/series/105071770?INDICATEUR=2770594%2B2878205+2B2878202+ZONE_GEO=2320658

Next issue: 17 December 2021, 12:00pm.

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