Housing Index in France decreased to 126.30 points in the fourth quarter of 2024 from 127.64 points in the third 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.

Graph and download economic data for Residential Property Prices for France (QFRN628BIS) from Q1 1970 to Q4 2024 about France, residential, HPI, housing, price index, indexes, and price.

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.

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.

CEIC calculates House Prices Growth from quarterly House Price Index. National Institute of Statistics and Economic Studies provides House Price Index with base 2015=100. House Prices Growth covers Metropolitan France area only.

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.

Residential Property Prices in France decreased 1.86 percent in December of 2024 over the same month in the previous year. This dataset includes a chart with historical data for France Residential Property Prices.

France - House price index was -3.50% in September of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for France - House price index - last updated from the EUROSTAT on June of 2025. Historically, France - House price index reached a record high of 13.70% in March of 2006 and a record low of -8.00% in June of 2009.

The house price index in France declined in 2023, after peaking in 2022. In the third quarter of 2023, the index value was 132.3, down from 134.3 index points in the same period a year ago. The index was set to 100 in 2015, which means that by the third quarter of 2023, house prices had increased by over 32 percent.

The house price to income ratio in Francedecreased by 8.3 index points in the second quarter of 2023, compared to the same period the previous year, reflecting a slowdown in the housing market. In 2023, the house price to income ratio amounted to 104.5 index points. The ratio is calculated by dividing nominal house prices by disposable income per head, with the index value of 100 in 2015. A ratio of 110 index points shows that house prices have grown 10 percent faster than income since 2015.

The house price index for second-hand homes in Mainland France declined in 2023, after peaking in the third quarter of 2022. In the third quarter of 2023, the index value amounted to 132.7 index points, a decline of 1.8 percent from the same period in 2022. Meanwhile, the index for new housing increased at a slightly slower rate. The index measures the development of prices for existing homes, with 2015 chosen as a base year. An index value of 130 means that home prices rose by 30 percent since 2015.

House Price Index YoY in France decreased by 1.90 percent in the fourth quarter of 2024 from -3.50 percent in the third quarter of 2024. This dataset includes a chart with historical data for France House Price Index YoY.

House price index in France, December, 2024 The most recent value is 126.58 index points as of Q4 2024, a decline compared to the previous value of 127.89 index points. Historically, the average for France from Q1 1990 to Q4 2024 is 82.14 index points. The minimum of 39.97 index points was recorded in Q1 1990, while the maximum of 134.6 index points was reached in Q3 2022. | TheGlobalEconomy.com

The house price index for newly built homes in Mainland France declined in 2023, after peaking in the fourth quarter of 2022. In the third quarter of 2023, the index value amounted to 130 index points, an increase of 0.3 percent from the same period in 2022. The highest increase in home prices was observed in the fourth quarter of 2005 when prices rose by almost 13 percent. Meanwhile, prices for second-hand homes increased at a slightly faster rate. The index measures the development of prices for newly built homes, with 2015 chosen as a base year. An index value of 130 means that home prices rose by 30 percent since 2015.

The median selling price of old houses in France was the highest in Nice municipality, followed by Paris and Toulon in 2023. In Nice, the median house sold for 597,700 euros, while in Paris, the price was 471,400 euros. According to the house price index for second-hand housing, house prices nationally decreased slightly in 2023.

The average price per square meter of properties in France as of December 2023 was higher for apartments than for houses. The price for apartments at the upper price point cost approximately 8,270 euros per square meter, while for houses it amounted to 4,350 euros per square meter.

Key information about France Nominal Residential Property Price Index

• France Nominal Residential Property Price Index was reported at 127.888 2010=100 in Sep 2024.
• This records an increase from the previous number of 125.984 2010=100 for Jun 2024.
• France Nominal Residential Property Price Index data is updated quarterly, averaging 42.824 2010=100 from Mar 1970 to Sep 2024, with 219 observations.
• The data reached an all-time high of 134.603 2010=100 in Sep 2022 and a record low of 6.112 2010=100 in Mar 1970.
• France Nominal Residential Property Price Index data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Nominal Residential Property Price Index: 2010=100: Quarterly.

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Graph and download economic data for Harmonized Index of Consumer Prices: Actual Rentals for Housing for France (CP0410FRM086NEST) from Jan 1996 to Apr 2025 about France, harmonized, rent, CPI, housing, price index, indexes, and price.

France FR: Standardised Price-Income Ratio: sa data was reported at 107.604 Ratio in 2024. This records a decrease from the previous number of 116.870 Ratio for 2023. France FR: Standardised Price-Income Ratio: sa data is updated yearly, averaging 92.480 Ratio from Dec 1978 (Median) to 2024, with 47 observations. The data reached an all-time high of 126.864 Ratio in 2022 and a record low of 71.463 Ratio in 1998. France FR: Standardised Price-Income Ratio: sa data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s France – Table FR.OECD.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Annual. Nominal house prices divided by nominal disposable income per head. Net household disposable income is used. The population data come from the OECD national accounts database. The long-term average is calculated over the whole period available when the indicator begins after 1980 or after 1980 if the indicator is longer. This value is used as a reference value. The ratio is calculated by dividing the indicator source on this long-term average, and indexed to a reference value equal to 100.

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 French residential real estate market, valued at €343.52 million in 2025, is projected to experience robust growth, driven by several key factors. A growing population, particularly in urban centers, coupled with increasing urbanization and a demand for improved housing quality, fuels consistent market expansion. Government initiatives aimed at stimulating housing construction and improving energy efficiency further contribute to market dynamism. The market is segmented by property type, with apartments and condominiums comprising a significant portion, followed by landed houses and villas. This segmentation reflects diverse consumer preferences and varying budgetary considerations. While construction costs and interest rate fluctuations present challenges, the overall positive demographic and economic trends suggest sustained market growth. Competition amongst major players like Sogeprom, Bouygues Immobilier, and Vinci Immobilier is intense, leading to innovative offerings and competitive pricing strategies. The market's resilience to economic downturns, evidenced by relatively stable performance in recent years, is another noteworthy aspect. Looking ahead to 2033, the projected CAGR of 6.75% suggests a considerable increase in market value. This growth is expected to be fueled by ongoing urbanization, government policies promoting sustainable housing, and a continuing preference for modern and energy-efficient properties. While potential macroeconomic shifts and global economic uncertainties could introduce some volatility, the long-term outlook remains positive. The segment of landed houses and villas is likely to witness strong growth as demand for spacious properties in suburban areas increases. This trend necessitates adaptation from developers, with a focus on creating sustainable and environmentally friendly communities. The continued dominance of major players reflects the capital-intensive nature of the sector and also underscores the importance of strategic partnerships and mergers & acquisitions in driving consolidation and expansion. 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.