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.

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.

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 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.

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 -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 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 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.

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.

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 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).

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

• 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.

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.

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.

Source Code: Q:FR:N:628

Coverage includes all types of new and existing dwellings in the whole country.

For more information, please see https://www.bis.org/statistics/pp_detailed.htm.

Any use of the series shall be cited as follows: "Sources: National sources, BIS Residential Property Price database, http://www.bis.org/statistics/pp.htm."

Copyright, 2016, Bank for International Settlements (BIS). Terms and conditions of use are available at http://www.bis.org/terms_conditions.htm#Copyright_and_Permissions.

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.

New Houses Sold: Average Sales Price: Region: Paris-Isle-of France data was reported at 314.918 EUR th in Sep 2018. This records a decrease from the previous number of 328.994 EUR th for Jun 2018. New Houses Sold: Average Sales Price: Region: Paris-Isle-of France data is updated quarterly, averaging 322.387 EUR th from Dec 2001 (Median) to Sep 2018, with 68 observations. The data reached an all-time high of 379.266 EUR th in Mar 2008 and a record low of 214.700 EUR th in Mar 2002. New Houses Sold: Average Sales Price: Region: Paris-Isle-of France data remains active status in CEIC and is reported by Ministry of Ecology, Sustainable Development and Energy. The data is categorized under Global Database’s France – Table FR.P004: New Houses: Sales Price.