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 Residential Property Prices for France (QFRN628BIS) from Q1 1970 to Q1 2025 about France, residential, HPI, housing, price index, indexes, 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.

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.

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.

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

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.

Key information about France Nominal Residential Property Price Index Growth

• France Nominal Residential Property Price Index Growth was reported at -3.480 % in Sep 2024.
• This records an increase from the previous number of -4.556 % for Jun 2024.
• France Nominal Residential Property Price Index Growth data is updated quarterly, averaging 5.531 % from Mar 1971 to Sep 2024, with 215 observations.
• The data reached an all-time high of 21.125 % in Sep 1980 and a record low of -8.008 % in Jun 2009.
• France Nominal Residential Property Price Index Growth 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: YoY %.

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.

France - House price index was 0.60% in March of 2025, 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 August 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 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).

Key information about France Gold Production

• France Real Residential Property Price Index was reported at 100.650 2010=100 in Sep 2024.
• This records an increase from the previous number of 99.333 2010=100 for Jun 2024.
• France Real Residential Property Price Index data is updated quarterly, averaging 56.868 2010=100 from Mar 1970 to Sep 2024, with 219 observations.
• The data reached an all-time high of 112.826 2010=100 in Sep 2022 and a record low of 40.072 2010=100 in Mar 1971.
• France Real 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 Real Residential Property Price Index: 2010=100: Quarterly. [COVID-19-IMPACT]

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 increased to 0.60 percent in the first quarter of 2025 from -1.90 percent in the fourth quarter of 2024. This dataset includes a chart with historical data for France House Price Index YoY.

Real residential property prices Y-on-Y, percent change in France, December, 2024 The most recent value is -3.1 percent as of Q4 2024, an increase compared to the previous value of -5.13 percent. Historically, the average for France from Q1 1990 to Q4 2024 is 1.82 percent. The minimum of -7.82 percent was recorded in Q2 2009, while the maximum of 13.46 percent was reached in Q2 2005. | TheGlobalEconomy.com

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.

This statistic shows the variation of property prices in the ten largest cities in France between 2016 and 2019. In May 2019, real estate prices had increased by one percent in the city of Nantes and by 1.3 percent in Lyon.

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.