Insee
Informations Rapides · 24 June 2022 · n° 168
Informations rapidesIn Q1 2022, the rise in house prices continued House price index - first quarter 2022

In Q1 2022, the house prices in metropolitan France continued to rise: +1.4% compared to the previous quarter with seasonnally adjusted (s.a.) data, as in the Q4 2021. The prices have slowed down compared to the previous quarter for new dwellings (+0.7% after +1.4% in the previous quarter). They evolved on the same pace for second-hand dwellings (+1.5% after +1.6% in the previous quarter).

Year on year, the rate of price growth is slightly the same (+7.0% after +6.9% in the previous quarter). Second-hand dwellings prices grew faster (+7.3% y-o-y) than new dwellings prices (+4.6%).

Informations rapides
No 168
Paru le :Paru le24/06/2022

House prices increased once again in Q1 2022

In Q1 2022, the house prices in metropolitan France continued to rise: +1.4% compared to the previous quarter with seasonnally adjusted (s.a.) data, as in the Q4 2021. The prices have slowed down compared to the previous quarter for new dwellings (+0.7% after +1.4% in the previous quarter). They evolved on the same pace for second-hand dwellings (+1.5% after +1.6% in the previous quarter).

Year on year, the rate of price growth is slightly the same (+7.0% after +6.9% in the previous quarter). Second-hand dwellings prices grew faster (+7.3% y-o-y) than new dwellings prices (+4.6%).

House price index (Base 100: 2015)

House price index (Base 100: 2015)
Weights 2022 (%) Index 2022 Q1 (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 100.0 129.3 1.4 7.0
- new dwellings 12.3 124.4 0.7 4.6
- second-hand dwellings 87.7 130.0 1.5 7.3
  • (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
2022-Q1 129.3 124.4
2021-Q4 127.5 123.5
2021-Q3 125.2 121.8
2021-Q2 122.9 120.3
2021-Q1 120.8 119.0
2020-Q4 119.3 117.2
2020-Q3 116.9 116.2
2020-Q2 115.9 114.5
2020-Q1 114.4 115.0
2019-Q4 112.7 114.3
2019-Q3 111.4 113.1
2019-Q2 110.2 111.9
2019-Q1 109.1 109.9
2018-Q4 108.6 109.9
2018-Q3 107.7 108.1
2018-Q2 106.8 108.0
2018-Q1 106.1 107.5
2017-Q4 105.3 107.0
2017-Q3 104.6 105.8
2017-Q2 103.9 105.4
2017-Q1 103.1 104.8
2016-Q4 101.9 103.1
2016-Q3 101.3 102.4
2016-Q2 100.6 101.1
2016-Q1 100.3 100.3
2015-Q4 100.2 100.4
2015-Q3 99.9 100.2
2015-Q2 99.9 100.0
2015-Q1 100.0 99.5
2014-Q4 100.3 98.7
2014-Q3 101.3 98.6
2014-Q2 101.8 97.7
2014-Q1 102.1 98.4
2013-Q4 102.5 98.6
2013-Q3 102.6 99.0
2013-Q2 103.0 97.7
2013-Q1 103.6 97.5
2012-Q4 104.0 97.9
2012-Q3 104.6 98.0
2012-Q2 105.2 99.1
2012-Q1 105.7 99.3
2011-Q4 106.2 99.9
2011-Q3 106.2 99.5
2011-Q2 105.4 98.8
2011-Q1 104.0 98.3
2010-Q4 102.3 96.1
2010-Q3 100.3 94.8
2010-Q2 98.9 94.0
2010-Q1 97.5 93.1
2009-Q4 95.8 93.0
2009-Q3 94.7 92.0
2009-Q2 94.5 91.7
2009-Q1 96.3 91.5
2008-Q4 99.1 90.9
2008-Q3 101.5 92.1
2008-Q2 102.7 92.9
2008-Q1 102.8 91.6
2007-Q4 102.5 91.7
2007-Q3 100.9 91.4
2007-Q2 100.0 89.9
2007-Q1 98.8 89.2
2006-Q4 97.3 88.0
2006-Q3 95.5 86.5
2006-Q2 93.7 85.4
2006-Q1 91.4 83.7
2005-Q4 88.9 82.2
2005-Q3 86.2 79.9
2005-Q2 83.3 77.8
2005-Q1 80.4 76.0
2004-Q4 77.6 72.8
2004-Q3 74.8 71.2
2004-Q2 72.2 69.5
2004-Q1 69.9 67.8
2003-Q4 67.3 66.1
2003-Q3 65.2 64.9
2003-Q2 63.3 63.4
2003-Q1 61.5 62.2
2002-Q4 59.9 60.9
2002-Q3 58.5 59.8
2002-Q2 56.9 58.8
2002-Q1 55.6 57.6
2001-Q4 54.6 57.1
2001-Q3 53.6 55.0
2001-Q2 52.8 54.5
2001-Q1 51.8 54.0
2000-Q4 50.7 53.7
2000-Q3 50.1 53.0
2000-Q2 49.1 52.4
2000-Q1 48.3 51.8

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

Compared to the previous publication, Q4 2021 indices were revised to include observations that had not yet been recorded. The quarterly variation in new dwellings prices in Q4 2021 remained the same compared to the previous publication (+1.4%). The variation in second-hand dwellings was slightly revised downwards (+1.6% instead of +1.7%). All in all, housing prices quarter-on-quarter variation in Q4 2021 was revised downwards by 0.1 points (+1.8% instead of +1.9%).

For further information

Price index of second-hand dwellings published here is the Notaires-Insee index.

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: 30 September 2022, 12:00pm.

Documentation

Methodology (pdf,31 Ko)

Pour en savoir plus

Price index of second-hand dwellings published here is the Notaires-Insee index.

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: 30 September 2022, 12:00pm.

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