French property developers survey
The French property developers survey tracks quarterly demand and expected housing starts.
| Indicator | Q3-2026 | Q2-2026 | Q1-2026 | Q4-2025 | Q3-2025 | Q2-2025 | Q1-2025 | Q4-2024 | Q3-2024 | Q2-2024 | Q1-2024 | Q4-2023 | Q3-2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Lands price: overall - Sector: overall - Overall France | 1.1 | 1.5 | 4.5 | -2.8 | 2.5 | 4.2 | 2.5 | 1.8 | -5.6 | -0.4 | 8.5 | 13 | 19.2 | |
| Lands price: approved loans - Sector: overall - Overall France | 0.6 | -1 | 4.6 | -4.7 | 1.7 | 2.1 | 0.4 | 2.6 | -6.4 | 0.7 | 6.4 | 11.6 | 15.7 | |
| Lands price: social loans and zero rate loans - Sector: overall - Overall France | 1.2 | -2.7 | 1 | -6.5 | 1.4 | -2.4 | -3.9 | 3 | -10.3 | -4.8 | 0.7 | 3 | 9.1 | |
| Lands price: subsidised loans - Sector: overall - Overall France | 2.9 | -0.5 | 5.3 | -4 | 2.1 | 1.8 | -1.4 | 5.4 | -4.1 | 2.8 | 9.6 | 13.6 | 16.6 | |
| Lands price: free sector - Sector: overall - Overall France | -1.7 | -0.9 | -0.9 | -6.1 | 0.4 | -0.9 | -4.3 | 3 | -7.7 | -3.7 | 1.1 | 6.3 | 11.8 | |
| % of enterprises wishing to study new programs: overall - Sector: overall - Overall France | 52.1 | 53.3 | 53.4 | 53.4 | 51.7 | 56.2 | 52.1 | 49.4 | 50 | 49.9 | 46.7 | 50.8 | 49.8 | |
| % of enterprises wishing to study new programs: approved loans - Sector: overall - Overall France | 47.6 | 52.6 | 47.2 | 48.5 | 48.5 | 52.7 | 46.6 | 45.3 | 44.4 | 46.6 | 42.5 | 45.8 | 42.4 | |
| % of enterprises wishing to study new programs: social loans and zero rate loans - Sector: overall - Overall France | 31.7 | 33.3 | 35.9 | 34.3 | 33.9 | 39.9 | 30.4 | 34.4 | 31.2 | 30.1 | 27.1 | 34.1 | 29.9 | |
| % of enterprises wishing to study new programs: subsidised loans - Sector: overall - Overall France | 49.5 | 50.3 | 49.3 | 47.3 | 48.6 | 52.5 | 44.1 | 47.9 | 46 | 44.7 | 40 | 48.9 | 44.6 | |
| % of enterprises wishing to study new programs: free sector - Sector: overall - Overall France | 40.2 | 41.3 | 42.6 | 43 | 40.3 | 40.3 | 40.6 | 36.2 | 41 | 38.3 | 35.7 | 42.4 | 41.5 | |
| Expected housing starts for sale: social loans and zero rate loans | -43.2 | -19.3 | -35.1 | -36.4 | -42 | -36 | -50.7 | -50.7 | -56.3 | -59.6 | -55.2 | -63.4 | -47.5 | |
| Expected housing starts for sale: overall | -37.3 | -20 | -26.8 | -28.4 | -35 | -33.3 | -48.3 | -44.2 | -55.7 | -55.3 | -56.2 | -59.8 | -45.9 | |
| Expected housing starts for sale: approved loans | -52.2 | -20.9 | -34.1 | -36.4 | -41.2 | -33.3 | -48.9 | -50 | -57.6 | -64.2 | -58 | -64.8 | -51.3 | |
| Expected housing starts for sale: free sector | -46.3 | -20.3 | -34.4 | -38.2 | -41.1 | -39.9 | -53.1 | -52.1 | -54.6 | -53.5 | -56.6 | -63.8 | -47.6 | |
| Expected housing starts for rent: overall | 0 | -5.3 | -8.7 | 7.6 | -6.4 | 3.1 | -4.8 | 0 | -0.9 | 2.8 | -11.2 | -5.4 | -14.9 | |
| Expected housing starts for rent: subsidised loans for rental | -2.1 | -9.3 | -10.5 | 5.1 | -10.2 | -2.6 | -11.1 | 0 | -2.6 | 10.4 | -10.7 | 1.2 | -13.7 | |
| Expected housing starts for rent: approved loans | -4.8 | -8.2 | -9 | 11 | -5.5 | 4.2 | -6.1 | -2.6 | -2.6 | -6.3 | -9.6 | -9.5 | -21.7 | |
| Expected housing starts for rent: free sector | -13.3 | -24.6 | -20.6 | -16.7 | -8.7 | -15.7 | -21.6 | -28.9 | -30.4 | -11.1 | -29.2 | -26.8 | -26.2 | |
| Demand for new dwellings: social loans and zero rate loans | -44.1 | -44.4 | -45 | -42.6 | -39.8 | -45.5 | -51 | -57.7 | -67 | -67.1 | -65.9 | -69.1 | -64.4 | |
| Demand for new dwellings: overall | -35 | -34 | -27.8 | -29.1 | -29.6 | -32.1 | -36.8 | -47.5 | -46.1 | -53.3 | -51.8 | -51.5 | -50.2 | |
| Demand for new dwellings: subsidised loans for rental | -26.5 | -21.6 | -18.9 | -25.7 | -26.9 | -24.7 | -32.5 | -34.9 | -39.3 | -34 | -38.8 | -39.1 | -31 | |
| Demand for new dwellings: approved loans | -31.7 | -28.2 | -23 | -24.8 | -28.1 | -31.4 | -33.9 | -37.6 | -40.1 | -44 | -42.3 | -49.5 | -42.7 | |
| Demand for new dwellings: free sector | -55.9 | -45.7 | -54.2 | -48.6 | -52.8 | -57.1 | -61.8 | -66.4 | -67.6 | -69.8 | -72.3 | -76.3 | -69.8 | |
| Expected housing starts: social loans and zero rate loans | -32.7 | -21.5 | -30.2 | -30.7 | -34.4 | -31.7 | -41 | -41.7 | -47.5 | -46.8 | -46.2 | -54 | -42.7 | |
| Expected housing starts: overall | -20.8 | -13.5 | -18.7 | -12.8 | -22.3 | -17.4 | -28.9 | -27.4 | -34.8 | -33.6 | -39.3 | -39.3 | -34.4 | |
| Expected housing starts: subsidised loans for rental | -21.7 | -14.7 | -25.3 | -19.6 | -26.6 | -20.3 | -32.8 | -24.8 | -26.9 | -24 | -32 | -31.9 | -30.5 | |
| Expected housing starts: approved loans | -29.5 | -14.5 | -22.2 | -14 | -23.9 | -15.8 | -29 | -27 | -31.3 | -35.6 | -36.1 | -40 | -37.4 | |
| Expected housing starts: free sector | -35.5 | -21.7 | -30.3 | -31.1 | -30.4 | -32.6 | -43.2 | -45.8 | -48.3 | -42.4 | -49.5 | -55.5 | -42.2 | |
| Unsold dwellings stock: overall | -8.4 | -5.1 | -9.9 | -6.3 | -19.7 | -15.8 | -16.8 | -14.5 | -15.4 | -14.6 | -9.5 | -4.6 | -6.9 | |
| Unsold dwellings stock: approved loans | -12 | -7.7 | -15.4 | -9.5 | -13 | -13.6 | -16.4 | -12.3 | -13.2 | -19.5 | -7.5 | -9.3 | -8.8 | |
| Unsold dwellings stock: zero rate loans | -6.6 | -8.2 | -17 | -4.8 | -15.3 | -11.7 | -15.7 | -10.4 | -17.9 | -17.4 | -11.3 | -1.6 | -3.7 | |
| Unsold dwellings stock: free sector | -11.1 | -10 | -16.4 | -5.9 | -18.2 | -13.8 | -14.4 | -11 | -16.2 | -18.5 | -14.5 | -10.9 | -8.1 | |
| Downpayment: overall | -18.8 | -20.8 | -16.9 | -14.8 | -18.2 | -16.6 | -21.3 | -21.1 | -23 | -16.8 | -18.1 | -14.7 | -15.6 | |
| Downpayment: approved loans | -21 | -23.4 | -15.9 | -18.1 | -20.5 | -20.4 | -17.3 | -20.9 | -18.9 | -11.8 | -19.7 | -14.5 | -12 | |
| Downpayment: zero rate loans | -20.8 | -19.4 | -14.5 | -17.5 | -17.4 | -16.2 | -19.5 | -15.2 | -19.6 | -9.1 | -16.4 | -14.8 | -11.1 | |
| Downpayment: free sector | -19.5 | -18 | -18.6 | -20.9 | -17.9 | -20.4 | -21.9 | -18.4 | -16.8 | -11 | -16.9 | -15.9 | -19.8 | |
| Financing: overall | -33.2 | -39.4 | -25.8 | -29.9 | -20.9 | -10.7 | -20.2 | -5.2 | -27.5 | -22.9 | -31.1 | -41.6 | -42 | |
| Financing: approved loans | -31.2 | -34.2 | -18.5 | -33.1 | -18 | -6.3 | -18.8 | -4.6 | -21.5 | -23.8 | -27.4 | -42.3 | -38.4 | |
| Financing: zero rate loans | -32.9 | -32.9 | -19.3 | -36.8 | -16.7 | 3.3 | -14.5 | -6 | -21.7 | -18.1 | -28.2 | -47.6 | -38.5 | |
| Financing: free sector | -39.6 | -36 | -23.9 | -35.7 | -17.9 | -10.2 | -15.6 | -6.4 | -26.4 | -23.4 | -37.2 | -51.1 | -46.6 | |
| Average selling price of dwellings: overall | -16.1 | -12.2 | -10 | -14.9 | -9.7 | -8.1 | -19.1 | -13.9 | -17.6 | -16.6 | -7.3 | -1.3 | 8.7 | |
| Average selling price of dwellings: approved loans | -11.9 | -10.9 | -5.9 | -13.6 | -2.7 | -7.8 | -19.1 | -10.3 | -16.5 | -12.6 | -9 | 0.8 | 7.6 | |
| Average selling price of dwellings: zero rate loans | -11.4 | -13.4 | -8 | -14.6 | -4.8 | -7.2 | -20.7 | -15.2 | -16.9 | -8.8 | -9.1 | 0 | 10.8 | |
| Average selling price of dwellings: free sector | -13.7 | -11.4 | -11.3 | -20.7 | -10.8 | -13.2 | -25.4 | -15 | -22.2 | -16 | -12.6 | -6.9 | 2.2 | |
| Selling price per m2: overall | -10.2 | -4.1 | -5.6 | -12.8 | -4 | -5.6 | -11.9 | -10.2 | -19.4 | -11.6 | 0.9 | 6.5 | 22.2 | |
| Selling price per m2: approved loans | -9.4 | -5.1 | -1.2 | -8.4 | -2.7 | -7.7 | -10.4 | -3.5 | -12.2 | -11.5 | -6.9 | 8.2 | 22.1 | |
| Selling price per m2: zero rate loans | -9.9 | -7 | -4 | -8.7 | -5.8 | -6.6 | -12.1 | -9.6 | -11.4 | -10.7 | -6 | 4.7 | 24.8 | |
| Selling price per m2: free sector | -11 | -5.7 | -9.3 | -16 | -8.6 | -12.5 | -18.8 | -14.3 | -24.2 | -11 | -7.8 | -0.6 | 15.4 |
Latest reading
The latest reading is 1.1 Balance of opinion (%), for Q3 2026. That is −0.4 pp from Q2 2026 and −1.4 pp from a year earlier. The series on this page is quarterly and runs from Q3 1991 to Q3 2026.
- Latest
- 1.1 Balance of opinion (%)
- Q3 2026
- vs previous period
- −0.4 pp
- Q2 2026
- vs a year earlier
- −1.4 pp
About this data
The French property developers survey tracks quarterly demand and expected housing starts. Published by INSEE since 1991, this dataset includes balances of opinion on average selling prices, land prices, and unsold dwellings stock. It covers the free sector, approved loans, and social or zero-rate loans. Figures are presented as seasonally adjusted balances of opinion or percentages.
Frequently asked questions
- What is the French property developers survey?
- The French property developers survey is a quarterly business survey conducted by INSEE among real-estate developers. It measures industry expectations regarding housing demand, expected housing starts, unsold stock, and average selling prices in France.
- How often is the French property developers survey published?
- INSEE publishes the survey results on a quarterly basis. The historical series available on Macrodatahub go back to 1991.
- What breakdowns are available in this French housing survey?
- The data is broken down by financing category, including the free sector, approved loans, social loans, and zero-rate loans, as well as by sector and overall France.
- How should the balances of opinion in this survey be interpreted?
- Most indicators in this French survey are presented as seasonally adjusted balances of opinion, which represent the difference between the percentage of developers reporting an increase and those reporting a decrease.
