France labourer hourly wage index: real estate
France labourer hourly wage index: real estate stood at 122.5 in Q2 2026, according to INSEE – Institut national de la statistique et des études économiques (BDM). It is one of the indicators in the Wages and labour cost table (Value · Quarterly), with a complete series running from Q2 2017 to Q2 2026. The complete series with an interactive chart, free to download.
This indicator in the Wages and labour cost table
| Indicator | Q2-2026 | Q1-2026 | Q4-2025 | Q3-2025 | Q2-2025 | Q1-2025 | Q4-2024 | Q3-2024 | Q2-2024 | Q1-2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Wages | |||||||||||
| Hourly wage rate indice for labourers - Real estate activities (NAF rev. 2, level A17 LZ) - Base 100 in Q2 of 2017 | 122.5 | 122 | 120.9 | 120.8 | 120.5 | 119.9 | 118.7 | 118.4 | 117.9 | 117.5 | |
| Hourly wage rate indice for labourers - Legal and accounting activities, management consultancy activities, architectural and engineering activities (NAF rev. 2, level A38 MA) - Base 100 in Q2 of 2017 | 119.6 | 118.5 | 117.8 | 117.3 | 117.2 | 117 | 115.9 | 115.6 | 115.4 | 114.8 |
Understanding france labourer hourly wage index: real estate
Property managers, leasing agents, building superintendents, and maintenance staff assigned to real estate activities form the occupational base for this index, capturing gross hourly rates excluding overtime premiums and bonuses. The indicator isolates manual and operational personnel within property operations, distinguishing their compensation path from managerial roles and from sibling indices tracking different sectors. By anchoring to the baseline period, the series reflects pure price movements for standard working hours within residential and commercial property management.
Interpreting the series requires distinguishing between contractual changes and actual earnings fluctuations driven by hours worked or commission structures. Analysts should review quarter-on-quarter changes alongside annual comparisons to identify underlying wage pressures without seasonal distortion. Revisions may occur when delayed payroll returns are incorporated into subsequent releases, altering initial estimates. Comparisons with broader economic wage aggregates can highlight whether property services remuneration diverges from national trends.
Frequently asked questions
- What categories of workers are included in the real estate labourer wage index?
- The index covers operational staff, building superintendents, and maintenance workers directly employed in real estate activities, excluding managerial and executive personnel.
- Does this index account for overtime pay and bonuses?
- No, the measure tracks base hourly rates for standard working hours and excludes bonuses, gratuities, and overtime compensation.
- How frequently are the index values updated?
- The series is updated on a quarterly basis following the collection of payroll and collective bargaining data from employers.