The financial crisis in 2008 led to steep declines in the hose price in France, followed by some large increases. In 2024, the French property market contracted again, with the inflation-adjusted home price declining by *** percent in the fourth quarter of the year.

Graph and download economic data for Real Residential Property Prices for France (QFRR368BIS) from Q1 1971 to Q1 2025 about France, residential, housing, real, and price.

Housing Index in France increased to 126.69 points in the first quarter of 2025 from 126.28 points in the fourth quarter of 2024. This dataset provides the latest reported value for - France House Price Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Key information about House Prices Growth

• France house prices dropped 3.5% YoY in Sep 2024, following a decrease of 4.6% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Mar 2001 to Sep 2024, with an average growth rate of 3.8%.
• House price data reached an all-time high of 15.4% in Jun 2005 and a record low of -8.0% in Jun 2009.

The France Residential Real Estate Market is Segmented by Property Type (Apartments & Condominiums and Villas & Landed Houses), Price Band (Affordable, Mid-Market and Luxury), Mode of Sale (Primary and Secondary), Business Model (Sales and Rental) and Region (Île-De-France, Provence-Alpes-Côte D’Azur, Auvergne-Rhône-Alpes, Nouvelle-Aquitaine and Rest of France). The Market Forecasts are Provided in Terms of Value (USD).

France Luxury Residential Real Estate Market Report is Segmented by Type (Apartments and Condominiums, Villas and Landed Houses), and by Key Cities (Paris, Nantes, Lyon and Other Cities). The Report Offers Market Size and Forecast Values (USD Billion) for all the Above Segments.

Residential Property Prices in France increased 0.56 percent in March of 2025 over the same month in the previous year. This dataset includes a chart with historical data for France Residential Property Prices.

Paris, Lyon, and Bordeaux are the most expensive cities for residential real estate in France. In Paris, the average square meter price of an apartment was over 9,000 euros in October 2024, while the price for a house was even higher. Apartment prices in Paris went as high as 15,000 euros, depending on the arrondissement.

The French residential real estate market, valued at €343.52 million in 2025, is projected to experience robust growth, driven by a compound annual growth rate (CAGR) of 6.75% from 2025 to 2033. This expansion is fueled by several key factors. Firstly, a consistently strong demand for housing, particularly in urban centers like Paris and other major cities, coupled with limited supply, is pushing prices upward. Secondly, favorable government policies aimed at stimulating homeownership and supporting the construction industry contribute to market dynamism. The market is segmented primarily by property type, with apartments and condominiums comprising a significant share, followed by landed houses and villas. This segmentation reflects varying buyer preferences and affordability levels. Growth is further influenced by evolving consumer preferences, including increasing demand for sustainable and energy-efficient homes, leading developers to incorporate eco-friendly features into new constructions. While rising interest rates pose a potential restraint, the underlying demand and government support are expected to mitigate this impact, ensuring continued market expansion in the forecast period. Competitive forces within the sector, with prominent players like Sogeprom, Bouygues Immobilier, and Vinci Immobilier, drive innovation and efficiency within the industry. Regional variations are expected, with Paris and its surrounding Île-de-France region likely exhibiting stronger growth compared to other areas. The substantial growth forecast for the French residential market presents significant opportunities for investors and developers. However, managing risks associated with fluctuating interest rates and regulatory changes remains crucial. Strategic partnerships, diversification of property portfolios, and focus on meeting evolving consumer preferences (sustainability, location, smart home features) will be key to success in this competitive environment. Analyzing regional variations in demand and supply is critical for targeted investment decisions. Given the considerable market size and consistent growth projections, the French residential real estate sector is poised for continued expansion throughout the forecast period, making it an attractive market for both domestic and international players. Recent developments include: January-2022: Nexity (a major integrated real estate group) and Meridiam (a purpose company specializing in sustainable infrastructure) partnered to support local authorities in the rehabilitation of city centers in France. This partnership supports major urban projects to rehabilitate run-down housing, clean up infrastructure (buildings and housing, etc.), and conduct urban renewal operations., June-2021: Fnac Darty (leading omnichannel player in Europe) and Nexity (a major integrated real estate group) entered a commercial partnership to meet their consumers' needs by combining their respective expertise and shared values of proximity, service quality, and accessibility.. Key drivers for this market are: Green And Sustainable Buildings Initiatives, Urbanisation and Tousrism Growth. Potential restraints include: Decliing Crude Oil Prices. Notable trends are: Detached Home Sales are Witnessing Lucrative Growth.

The France Office Real Estate Market Report is Segmented by Building Grade (Grade A, Grade B and More), by Transaction Type (Rental and Sales), by End Use (Information Technology (IT & ITES), BFSI (Banking, Financial Services and Insurance), and More) and by City (Paris, Marseille and More). The Report Offers Market Size and Forecasts in Value (USD) for all the Above Segments.

The real estate transaction value in the 'Residential Real Estate Transactions' segment of the real estate market in France was modeled to stand at ************* U.S. dollars in 2024. Between 2017 and 2024, the real estate transaction value rose by ************* U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The real estate transaction value will steadily rise by ************* U.S. dollars over the period from 2024 to 2029, reflecting a clear upward trend.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Residential Real Estate Transactions.

In 2023, the France Real Estate Market reached a value of USD 493.6 million, and it is projected to surge to USD 598.9 million by 2030.

The French office real estate market, valued at approximately €X billion in 2025 (assuming a market size "XX" represents a figure in billions), is projected to experience steady growth, with a compound annual growth rate (CAGR) of 3.70% from 2025 to 2033. This growth is driven by several key factors. The resurgence of Paris as a global business hub, coupled with ongoing development in secondary cities like Marseille and Lyon, fuels demand for modern, sustainable office spaces. Technological advancements, particularly the increasing adoption of flexible work models and smart building technologies, are reshaping the office landscape, influencing design and operational efficiency. Furthermore, government initiatives aimed at promoting urban regeneration and attracting foreign investment contribute to the positive outlook. However, challenges remain. The market faces potential headwinds from economic fluctuations, geopolitical uncertainties, and the evolving needs of businesses adapting to remote and hybrid work arrangements. Competition amongst established players like JLL France, Knight Frank, CBRE France, BNP Paribas Real Estate, and Cushman & Wakefield, along with developers such as Hines, RedMan, Kaufman & Broad SA, Hermitage Group, and Legendre Group, is fierce, requiring strategic adaptation and innovation to capture market share. The segmentation by key cities highlights Paris's dominant position, but the growth potential in Marseille and Lyon, and other cities, offers opportunities for expansion and diversification. The forecast period (2025-2033) reveals a trajectory of consistent, though moderate, growth. The initial market size, combined with the projected CAGR, suggests a gradual increase in market value, influenced by both the absorption of new office stock and the ongoing adaptation of existing spaces to meet evolving tenant demands. This growth will likely be uneven across different city segments. While Paris maintains its leading position, secondary cities could see faster growth rates due to their relatively lower initial market penetration. The success of individual companies will depend heavily on their ability to anticipate and respond to these dynamic market trends, including the integration of sustainability practices, the provision of flexible lease terms, and the adoption of technological solutions that enhance the office experience. Further, effectively managing risks associated with economic uncertainty and adapting to changing work patterns will be crucial for long-term success in this competitive market. Recent developments include: June 2022: Along with Paris-based specialist investor and asset management, Atlantic Real Estate, ICG Real Estate, ICG's real estate subsidiary, developed a new investing platform. The platform aids in purchasing or developing light industrial and last-mile logistics properties around Greater Paris and other significant French population centers. This platform is aiming to build a portfolio with a gross asset value of at least EUR 500 million ( USD 531 Million)., April 2022: Business Immo, France's top commercial real estate news service, has been acquired by CoStar Group Inc., a major provider of online real estate marketplaces, information, and analytics in the commercial and residential property markets. With the addition of Business Immo, their increasing global presence gains another premium asset.. Notable trends are: Paris city with highest rental growth trend per annum.

The French residential real estate market, valued at €343.52 million in 2025, is projected to experience robust growth, driven by several key factors. Strong urban population growth, particularly in major cities like Paris and Lyon, fuels consistent demand for apartments and condominiums. Furthermore, a growing preference for sustainable and energy-efficient housing, coupled with government initiatives promoting green building technologies, is shaping the market. The landed houses and villas segment, while representing a smaller portion of the market, shows resilience due to a persistent desire for larger living spaces and suburban living, particularly among higher-income households. However, rising interest rates and inflation pose challenges, potentially impacting affordability and slowing down market momentum in the coming years. Competition among established players like Nexity, Bouygues Immobilier, and Vinci Immobilier, alongside emerging companies, ensures a dynamic market landscape. The market segmentation by property type reflects diverse consumer preferences and economic conditions, with the apartment and condominium sector likely dominating due to higher population density in urban centers. Geographic variations across France, influenced by regional economic activity and demographic shifts, also play a significant role in shaping market performance. The forecast period (2025-2033) anticipates sustained growth but with fluctuating rates reflecting economic cycles and policy adjustments. The projected CAGR of 6.75% suggests a considerable expansion of the French residential real estate market throughout the forecast period. This growth is expected to be unevenly distributed across different regions and property types, with metropolitan areas experiencing higher demand and potentially faster growth compared to rural areas. While the market faces potential headwinds from economic uncertainties, the underlying drivers of population growth and evolving housing preferences suggest a long-term positive outlook. Government policies related to housing affordability and sustainable development will play a crucial role in shaping future market trends. Continuous monitoring of interest rates, inflation, and consumer confidence will be essential to accurately predict short-term market fluctuations within the context of this long-term growth trajectory. Analyzing data related to construction permits, housing starts, and sales transactions will be invaluable for refining market projections and gaining a clearer understanding of market dynamics within different segments and regions. Recent developments include: January-2022: Nexity (a major integrated real estate group) and Meridiam (a purpose company specializing in sustainable infrastructure) partnered to support local authorities in the rehabilitation of city centers in France. This partnership supports major urban projects to rehabilitate run-down housing, clean up infrastructure (buildings and housing, etc.), and conduct urban renewal operations., June-2021: Fnac Darty (leading omnichannel player in Europe) and Nexity (a major integrated real estate group) entered a commercial partnership to meet their consumers' needs by combining their respective expertise and shared values of proximity, service quality, and accessibility.. Notable trends are: Detached Home Sales are Witnessing Lucrative Growth.

France Luxury Residential Real Estate Market size was valued at USD 45.2 Billion in 2024 and is projected to reach USD 68.7 Billion by 2032 growing at a CAGR of 5.4% from 2025 to 2032.

Key Market Drivers: Strong Demand from High-Net-Worth Individuals: According to the French Wealth Management Report 2024, the number of High-Net-Worth Individuals (HNWIs) in France has risen by 9% in the last five years, increasing demand for high-end residences in cities such as Paris, Nice and Lyon. The growing number of wealthy individuals in France is driving up demand for luxury residential properties.

Foreign Investment: Foreign purchasers remain a major driver of the French luxury real estate market, particularly in Paris. In 2023, the French Property Federation (FNAIM) stated that foreign buyers accounted for about 30% of luxury property transactions in Paris, primarily from China, Russia and the Middle East.

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Residential Real Estate Market Size 2025-2029

The residential real estate market size is forecast to increase by USD 485.2 billion at a CAGR of 4.5% between 2024 and 2029.

The market is experiencing significant growth, fueled by increasing marketing initiatives that attract potential buyers and tenants. This trend is driven by the rising demand for housing solutions that cater to the evolving needs of consumers, particularly in urban areas. However, the market's growth trajectory is not without challenges. Regulatory uncertainty looms large, with changing policies and regulations posing a significant threat to market stability. Notably, innovative smart home technologies, such as voice-activated assistants and energy-efficient appliances, are gaining traction, offering enhanced convenience and sustainability for homeowners.
As such, companies seeking to capitalize on the opportunities presented by the growing the market must navigate these challenges with agility and foresight. The residential construction industry's expansion is driven by urbanization and the rising standard of living in emerging economies, including India, China, Thailand, Malaysia, and Indonesia. By staying abreast of regulatory changes and implementing innovative marketing strategies, they can effectively meet the evolving needs of consumers and maintain a competitive edge. These regulatory shifts can impact everything from property prices to financing options, making it crucial for market players to stay informed and adapt quickly.

What will be the Size of the Residential Real Estate Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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In the dynamic housing market analysis, small flats continue to be a popular choice for both investors and first-time homebuyers, driven by affordability and urban growth. International investment in housing projects, including apartments and condominiums, remains strong, offering attractive investment returns. Real estate syndication and property management software facilitate efficient property ownership and management. Real estate loans, property insurance, and urban planning are essential components of the housing market, ensuring the development of affordable housing and addressing the needs of the middle class and upper middle class. Property disputes, property tax assessments, and real estate litigation are ongoing challenges, requiring careful attention from stakeholders.
Property search engines streamline the process of finding the perfect property, from studio apartments to luxury homes. Real estate auctions, land banking, and nano apartments are innovative solutions in the market, while property flipping and short sales provide opportunities for savvy investors. Urban growth and community development are key trends, with a focus on sustainable, planned cities and the integration of technology, such as real estate blockchain, into the industry. Developers secure building permits, review inspection reports, and manage escrow accounts during real estate transactions. Key services include contract negotiation, dispute resolution, and tailored investment strategies for portfolio management. Financial aspects cover tax implications, estate planning, retirement planning, taxdeferred exchanges, capital gains, tax deductions, and maintaining positive cash flow for sustained returns.

How is this Residential Real Estate Industry segmented?

The residential real estate industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Mode Of Booking

  Sales
  Rental or lease


Type

  Apartments and condominiums
  Landed houses and villas


Location

  Urban
  Suburban
  Rural


End-user

  Mid-range housing
  Affordable housing
  Luxury housing


Geography

  North America

    US
    Canada
    Mexico


  Europe

    France
    Germany
    UK


  APAC

    Australia
    Japan
    South Korea


  South America

    Brazil


  Rest of World (ROW)

By Mode Of Booking Insights

The sales segment is estimated to witness significant growth during the forecast period. The sales segment dominates the global residential real estate market and will continue to dominate during the forecast period. The sales segment includes the sale of any property that is majorly used for residential purposes, such as single-family homes, condos, cooperatives, duplexes, townhouses, and multifamily residences. With the growing population and urbanization, the demand for homes is also increasing, which is the major factor driving the growth of the sales segment. Moreover, real estate firms work with developers to sel

The France office real estate market, currently valued at approximately €XX million (assuming a reasonable market size based on comparable European markets and the provided CAGR), is projected to experience steady growth, driven primarily by a robust economy, increasing urbanization, and a growing demand for modern, sustainable office spaces in key cities like Paris, Marseille, and Lyon. The market's 3.70% Compound Annual Growth Rate (CAGR) from 2019 to 2024 suggests a positive trajectory, expected to continue through 2033. Key trends include a shift towards flexible workspaces, a focus on energy efficiency and green building certifications, and increasing adoption of smart building technologies. While challenges such as economic fluctuations and potential regulatory changes exist, the strong presence of major players like Hermitage Group, RedMan, Hines, Kaufman & Broad SA, CBRE France, and BNP Paribas Real Estate indicates a resilient and competitive market. These established companies, along with significant activity from developers, contribute to the market's stability and ongoing development. The concentration of activity in major cities like Paris, Marseille, and Lyon underscores the importance of strategic location and the associated high demand for prime office space in these urban centers. The segmentation of the market into key cities (Paris, Marseille, Lyon, and others) reflects varying market dynamics. Paris, as the capital, commands the largest share, followed by Marseille and Lyon, which benefit from regional economic activity. The “other cities” segment likely exhibits slower growth than the major city markets, but still contributes significantly to the overall market value. The competitive landscape, with prominent national and international players, indicates a robust and sophisticated market characterized by considerable investment and ongoing development. The forecast period (2025-2033) presents opportunities for both established players and emerging companies to capitalize on the market's growth, particularly in areas focused on sustainability and technological advancements within office spaces. This comprehensive report provides an in-depth analysis of the France office real estate market, covering the historical period (2019-2024), base year (2025), and forecast period (2025-2033). It delves into market size, trends, key players, and future growth prospects, offering invaluable insights for investors, developers, and industry professionals. This report is crucial for understanding the dynamics of the French commercial real estate sector and making informed decisions in this dynamic market. Recent developments include: June 2022: Along with Paris-based specialist investor and asset management, Atlantic Real Estate, ICG Real Estate, ICG's real estate subsidiary, developed a new investing platform. The platform aids in purchasing or developing light industrial and last-mile logistics properties around Greater Paris and other significant French population centers. This platform is aiming to build a portfolio with a gross asset value of at least EUR 500 million ( USD 531 Million)., April 2022: Business Immo, France's top commercial real estate news service, has been acquired by CoStar Group Inc., a major provider of online real estate marketplaces, information, and analytics in the commercial and residential property markets. With the addition of Business Immo, their increasing global presence gains another premium asset.. Key drivers for this market are: Increasing geriatric population, Growing cases of chronic disease among senior citizens. Potential restraints include: High cost of elderly care services, Lack of skilled staff. Notable trends are: Paris city with highest rental growth trend per annum.

The France residential real estate market is rapidly expanding, driven by urban population growth and rising housing demand. Cities like Paris and Lyon are seeing more investment in modern, energy-efficient housing. Government incentives and low interest rates have made homeownership more appealing and sustainable building trends continue to influence future residential developments. This is likely to enable the market size surpass USD 405 Billion valued in 2024 to reach a valuation of around USD 547.48 Billion by 2032.With changing lifestyle preferences and a greater emphasis on sustainable living, France's residential real estate market is seeing an increase in smart homes, energy-efficient buildings. The rising demand for France Residential Real Estate is enabling the market grow at a CAGR of 3.7% from 2026 to 2032.

Market statistics and company information for France's real estate sector

Market Overview The French Condominiums and Apartments market is valued at XX million USD in 2025 and is projected to grow at a CAGR of 5.00%. The market is primarily driven by rising urbanization, increasing demand for affordable housing, and favorable government policies. Key market trends include a surge in smart home technologies, a growing preference for energy-efficient buildings, and a shift towards eco-friendly materials. Market Segmentation The market is segmented by city into Paris, Lyon, Bordeaux, Marseille, and Other Cities. Paris holds the dominant market share due to its high population density, strong economic growth, and vibrant real estate sector. By company, key players include GTM Batiment, Demathieu Bard Construction, BC N, Fayat Batiment, and Entreprise Generale Leon Grosse. The market is characterized by intense competition, with established players competing for market share. Recent developments include: October 2022: Edyn, the pioneer of the hybrid extended stay and a private real estate fund of Brookfield, announced the expansion of its lifestyle aparthotel brand Locke in Paris. A historic building in the city's fifth arrondissement has been purchased, and construction is now underway on a 145-room aparthotel that will debut in 2024. This is a particularly exciting acquisition because it signals Brookfield and Goldman Sachs's continuous support and endorsement while also marking their first foray into the long-desired market. As they continue to expand throughout Europe, they look forward to opening this historic building., January 2022: Nexity (a major integrated real estate group) and Meridiam (a purpose company specializing in sustainable infrastructure) partnered to support local authorities in the rehabilitation of city centers in France. This partnership supports major urban projects to rehabilitate run-down housing, clean up infrastructure (buildings and housing, etc.), and conduct urban renewal operations.. Key drivers for this market are: Demand for New Dwellings Units, Government Initiatives are driving the market. Potential restraints include: Supply Chain Disruptions, Lack of Skilled Labour. Notable trends are: France's Rising Apartment Prices.