Informations Rapides ·
22 March 2024 · n° 73
In Q4 2023, house prices continued to decline (-1.7%) House price index - fourth quarter 2023
In Q4 2023, the prices of houses in metropolitan France fell by 1.7% compared to the previous quarter (provisional seasonally-adjusted data), after -1.0% in Q3 2023. The fall in prices of second-hand dwellings intensified (-1.8% in Q4 2023, after -1.1% in Q3 2023). Prices of new dwellings declined for the third quarter in a row (-0.3%, as the previous quarter).
Fall in house prices was accentuated for second-hand dwellings
In Q4 2023, the prices of houses in metropolitan France fell by 1.7% compared to the previous quarter (provisional seasonally-adjusted data), after -1.0% in Q3 2023. The fall in prices of second-hand dwellings intensified (-1.8% in Q4 2023, after -1.1% in Q3 2023). Prices of new dwellings declined for the third quarter in a row (-0.3%, as the previous quarter).
Over a year, prices in new dwellings fell for the first time since 2014
Year on year, house prices went down for the second quarter in a row (-3.6% after -1.6%). This decline was driven by prices of second-hand dwellings (-3.9% after -1.8%) and also by those of new dwellings which fell for the first time over a year since 2014 (-0.7% after +0.2%).
tableauHouse price index (Base 100: 2015)
Weights 2023 (%) | Index 2023 Q4 (SA data) (p) | Percentage change compared with the previous quarter (p) (SA data) | Percentage change compared with the same quarter of the previous year (p) | |
---|---|---|---|---|
All dwellings | 100.00 | 128.9 | -1.7 | -3.6 |
- new dwellings | 11.80 | 129.4 | -0.3 | -0.7 |
- second-hand dwellings | 88.20 | 128.8 | -1.8 | -3.9 |
- (p) provisional data
- (SA data) seasonally adjusted
- Scope: metropolitan France.
- Sources: INSEE, SDES, French notaries – ADSN Group, Grand Paris notaries – PNS
tableauNew and second-hand dwellings price index in metropolitan France
New and second-hand dwellings | New dwellings | |
---|---|---|
2023-Q4 | 128.9 | 129.4 |
2023-Q3 | 131.0 | 129.8 |
2023-Q2 | 132.4 | 130.2 |
2023-Q1 | 133.3 | 130.4 |
2022-Q4 | 133.5 | 130.1 |
2022-Q3 | 133.3 | 130.4 |
2022-Q2 | 131.5 | 127.8 |
2022-Q1 | 129.4 | 123.9 |
2021-Q4 | 127.5 | 123.8 |
2021-Q3 | 125.2 | 122.1 |
2021-Q2 | 123.1 | 120.2 |
2021-Q1 | 121.0 | 118.8 |
2020-Q4 | 119.3 | 117.1 |
2020-Q3 | 116.9 | 116.6 |
2020-Q2 | 116.0 | 114.5 |
2020-Q1 | 114.6 | 115.1 |
2019-Q4 | 112.7 | 114.1 |
2019-Q3 | 111.5 | 112.8 |
2019-Q2 | 110.3 | 111.9 |
2019-Q1 | 109.2 | 110.3 |
2018-Q4 | 108.5 | 109.4 |
2018-Q3 | 107.8 | 108.3 |
2018-Q2 | 106.8 | 108.0 |
2018-Q1 | 106.2 | 107.4 |
2017-Q4 | 105.3 | 106.9 |
2017-Q3 | 104.8 | 105.9 |
2017-Q2 | 103.9 | 105.4 |
2017-Q1 | 103.2 | 104.7 |
2016-Q4 | 101.8 | 103.1 |
2016-Q3 | 101.5 | 102.8 |
2016-Q2 | 100.6 | 101.1 |
2016-Q1 | 100.4 | 100.4 |
2015-Q4 | 100.2 | 100.3 |
2015-Q3 | 100.0 | 100.4 |
2015-Q2 | 99.9 | 100.0 |
2015-Q1 | 100.0 | 99.2 |
2014-Q4 | 100.3 | 98.8 |
2014-Q3 | 101.3 | 98.5 |
2014-Q2 | 101.9 | 97.7 |
2014-Q1 | 102.1 | 98.4 |
2013-Q4 | 102.5 | 98.6 |
2013-Q3 | 102.6 | 98.6 |
2013-Q2 | 103.1 | 97.7 |
2013-Q1 | 103.7 | 97.8 |
2012-Q4 | 104.1 | 97.5 |
2012-Q3 | 104.7 | 98.1 |
2012-Q2 | 105.4 | 99.1 |
2012-Q1 | 105.8 | 99.4 |
2011-Q4 | 106.1 | 100.0 |
2011-Q3 | 106.2 | 99.8 |
2011-Q2 | 105.4 | 98.8 |
2011-Q1 | 103.8 | 98.0 |
2010-Q4 | 102.0 | 96.5 |
2010-Q3 | 100.0 | 94.8 |
2010-Q2 | 98.6 | 94.0 |
2010-Q1 | 97.1 | 93.1 |
2009-Q4 | 95.6 | 93.0 |
2009-Q3 | 94.6 | 92.2 |
2009-Q2 | 94.4 | 91.6 |
2009-Q1 | 96.1 | 91.3 |
2008-Q4 | 98.7 | 91.1 |
2008-Q3 | 101.3 | 92.0 |
2008-Q2 | 102.4 | 92.8 |
2008-Q1 | 102.5 | 91.8 |
2007-Q4 | 102.0 | 91.3 |
2007-Q3 | 100.7 | 91.5 |
2007-Q2 | 99.5 | 89.8 |
2007-Q1 | 98.4 | 89.2 |
2006-Q4 | 97.3 | 88.1 |
2006-Q3 | 95.5 | 86.6 |
2006-Q2 | 93.6 | 85.4 |
2006-Q1 | 91.4 | 83.6 |
2005-Q4 | 88.9 | 82.3 |
2005-Q3 | 86.3 | 80.1 |
2005-Q2 | 83.4 | 77.8 |
2005-Q1 | 80.5 | 75.7 |
2004-Q4 | 77.6 | 73.1 |
2004-Q3 | 74.8 | 71.3 |
2004-Q2 | 72.2 | 69.5 |
2004-Q1 | 69.9 | 67.8 |
2003-Q4 | 67.3 | 66.2 |
2003-Q3 | 65.2 | 64.9 |
2003-Q2 | 63.4 | 63.4 |
2003-Q1 | 61.6 | 62.2 |
2002-Q4 | 60.0 | 60.8 |
2002-Q3 | 58.5 | 59.6 |
2002-Q2 | 57.0 | 58.8 |
2002-Q1 | 55.6 | 57.7 |
2001-Q4 | 54.8 | 56.8 |
2001-Q3 | 53.7 | 55.1 |
2001-Q2 | 52.9 | 54.6 |
2001-Q1 | 51.9 | 53.9 |
2000-Q4 | 50.9 | 53.6 |
2000-Q3 | 50.2 | 53.2 |
2000-Q2 | 49.2 | 52.4 |
2000-Q1 | 48.4 | 51.8 |
- Note: data for the last quarter are provisional.
graphiqueNew and second-hand dwellings price index in metropolitan France

- Note: data for the last quarter are provisional.
- Scope: metropolitan France.
- Source: INSEE, SDES, Notaires de France – Groupe ADSN, Notaires du Grand Paris – PNS.
Revisions
In metropolitan France, the quarterly variation in seasonally-adjusted prices of new and second-hand dwellings in Q3 2023 is unchanged (-1.0% after rounding).
For further information
Next issue: 21 June 2024 at 12:00 pm.
Pour en savoir plus
Next issue: 21 June 2024 at 12:00 pm.
Time series : New and second-hand housing price indices
Informations Rapides: second-hand dwellings price index