Paris, was the only major city in France where property prices decreased in the period between March 2020 and March 2022. In Strasbourg, on the other hand, residential real estate prices increased by 16.5 percent. Nantes, Rennes, Lille, and Marseille were other cities with double-digit house price growth.

The take-up of office real estate properties in Ile-de-France increased slightly in the second quarter of 2023. The western part of Central Paris had the highest volume of office space transacted, amounting to 153,300 of the total 421 square meters of take-up in the whole Ile-de-France region. The highest take-up was witnessed in the fourth quarter of 2021, when 679,400 square meters of office real estate was sold or rented to occupants.

Graph and download economic data for Residential Property Prices for France (QFRN628BIS) from Q1 1970 to Q3 2024 about France, residential, HPI, housing, price index, indexes, and price.

In France, social housing companies (ESH) detained over 45 percent of the social housing market in 2020. In other words, over 45 percent of housing units offered in the social housing market in France belonged to ESHs during that year. Semi-public companies (SEM) had less than 10 percent of the market in the same year.

The financial crisis in 2008 led to steep declines in the hose price in France, followed by some large increases. In 2022, the French property market contracted again, with the inflation-adjusted home price declining by 1.28 percent in the fourth quarter of the year. Despite home prices continuing to increase in real terms, in the second quarter of 2022, the inflation-adjusted price change reached a negative 4.28 percent.

France GDP: HCE: CL 2020p: swda: Services: Tradable: Real Estate Services data was reported at 71.216 EUR bn in Dec 2024. This records an increase from the previous number of 70.981 EUR bn for Sep 2024. France GDP: HCE: CL 2020p: swda: Services: Tradable: Real Estate Services data is updated quarterly, averaging 35.448 EUR bn from Mar 1949 (Median) to Dec 2024, with 304 observations. The data reached an all-time high of 71.216 EUR bn in Dec 2024 and a record low of 6.386 EUR bn in Sep 1950. France GDP: HCE: CL 2020p: swda: Services: Tradable: Real Estate Services data remains active status in CEIC and is reported by National Institute of Statistics and Economic Studies. The data is categorized under Global Database’s France – Table FR.A047: ESA 2010: GDP: Household Consumption Expenditure: Chain Linked 2020 Prices: Seasonally and Working Day Adjusted: Quarterly.

GDP: GVA: swda: Services: Tradable: Real Estate Services data was reported at 92.209 EUR bn in Dec 2024. This records a decrease from the previous number of 93.026 EUR bn for Sep 2024. GDP: GVA: swda: Services: Tradable: Real Estate Services data is updated quarterly, averaging 17.230 EUR bn from Mar 1949 (Median) to Dec 2024, with 304 observations. The data reached an all-time high of 95.057 EUR bn in Mar 2024 and a record low of 0.101 EUR bn in Mar 1949. GDP: GVA: swda: Services: Tradable: Real Estate Services data remains active status in CEIC and is reported by National Institute of Statistics and Economic Studies. The data is categorized under Global Database’s France – Table FR.A020: ESA 2010: GDP: by Industry: Current Prices: Base 2020: Seasonally and Working Day Adjusted.

The number of housing construction starts in France varied since 2016, from approximately 13,000 in August 2020 to 56,000 in December 2018. As of May 2023, there were approximately 29,000 residential units started, which was slightly lower than the same period in 2022.

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 Europe Luxury Residential Real Estate Market Report is Segmented by Type (villas/Landed Houses and Condominiums/Apartments) and by Country (Germany, United Kingdom, France, Italy, Russia, and the Rest of Europe). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

The consumer price index (CPI) is the instrument measuring inflation. It is used to estimate, between two given periods, the average variation in the prices of products consumed by households.This graph shows the evolution of the consumer price index (CPI) of the water supply and various services related to housing in France from May 2020 to December 2024. The CPI reached 121.98 in December 2024.

Europe’s Motorhomes Market Report is Segmented by Type (Class A, Class B, and Class C), End User (Fleet Owners, Direct Buyers, and Other End Users), and Countries (Germany, United Kingdom, France, Italy, Spain, and Rest of Europe). The Report Offers Market Size and Forecasts in Value (USD) for all the Above Segments.

The hotel real estate investment market in France suffered a substantial decrease in investment volumes in 2020, followed by a rebound in the following three years. In 2023, a total of approximately 2.1 billion euros was invested into the sector. That double the value of investment in 2020 but below the figure recorded in 2019 before the COVID-19 pandemic.

The second-hand housing market in France slowed down in 2022, after peaking in 2021. In the four quarters ending in the third quarter of 2023, there were 980,000 transactions of existing residential units. That was a decline of 220,000 sales compared to the four-quarter period ending in the third quarter of 2021, when the highest number of second-hand homes were sold.

In 2021, Covéa was the insurance company that generated the most revenue with property and casualty insurance in France and held more than 17 percent of the market. In that year, Covéa generated more than more than 10 billion euros in revenue.

In 2020, prime property prices are forecast to increase by seven percent in Paris, France. Meanwhile, prime residential real estate prices in Vancouver, Canada will drop by five percent in the same year.

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 average transaction price of new housing in Europe was the highest in Norway, whereas existing homes were the most expensive in Austria. Since there is no central body that collects and tracks transaction activity or house prices across the whole continent or the European Union, not all countries are included. To compile the ranking, the source weighed the transaction prices of residential properties in the most important cities in each country based on data from their national offices. For example, in Germany, the cities included were Munich, Hamburg, Frankfurt, and Berlin. House prices have been soaring, with Sweden topping the ranking Considering the RHPI of houses in Europe (the price index in real terms, which measures price changes of single-family properties adjusted for the impact of inflation), however, the picture changes. Sweden, Luxembourg and Norway top this ranking, meaning residential property prices have surged the most in these countries. Real values were calculated using the so-called Personal Consumption Expenditure Deflator (PCE), This PCE uses both consumer prices as well as consumer expenditures, like medical and health care expenses paid by employers. It is meant to show how expensive housing is compared to the way of living in a country. Home ownership highest in Eastern Europe The home ownership rate in Europe varied from country to country. In 2020, roughly half of all homes in Germany were owner-occupied whereas home ownership was at nearly 97 percent in Romania or around 90 percent in Slovakia and Lithuania. These numbers were considerably higher than in France or Italy, where homeowners made up 65 percent and 72 percent of their respective populations.For more information on the topic of property in Europe, visit the following pages as a starting point for your research: real estate investments in Europe and residential real estate in Europe.

Similar to real estate prices, home insurance prices in France vary from one region to another and also differ according to the size of the dwelling. For example, in 2020, the average annual cost of a home insurance premium to insure an apartment in the Île-de-France region was approximately 230 euros, compared to nearly 140 euros in Brittany. Broadly speaking, the insurance cost's national average amounted to 179 euros in 2020.

House prices in the UK rose dramatically during the coronavirus pandemic, with growth slowing down in 2022 and turning negative in 2023. The year-on-year annual house price change peaked at 14 percent in July 2022. In June 2024, house prices increased by 2.7 percent. According to the Nationwide Building Society, the average house price exceeded 265,000 British pounds in 2022. Correction in housing prices: a European phenomenon The trend of a growing residential real estate market was not exclusive to the UK during the pandemic. Likewise, many European countries experienced falling prices in 2023. When comparing residential property RHPI (price index in real terms, e.g. corrected for inflation), countries such as Germany, France, Italy, and Spain also saw prices decline. Sweden, one of the countries with the fastest growing residential markets, saw one of the largest declines in prices. How has demand for UK housing changed since the outbreak of the coronavirus? The easing of the lockdown was followed by a dramatic increase in home sales. In November 2020, the number of mortgage approvals reached an all-time high of over 107,000. One of the reasons for the housing boom were the low mortgage rates, allowing home buyers to take out a loan with an interest rate as low as 2.5 percent. That changed as the Bank of England started to raise the base lending rate, resulting in higher borrowing costs and a decline in homebuyer sentiment.