France new housing price index
France new housing price index stood at 131.1 in Q2 2026, according to INSEE – Institut national de la statistique et des études économiques (BDM). It is one of the indicators in the House prices table (Value · Quarterly), with a complete series running from Q1 2000 to Q2 2026. The complete series with an interactive chart, free to download.
This indicator in the House prices table
| Indicator | Q2-2026 | Q1-2026 | Q4-2025 | Q3-2025 | Q2-2025 | Q1-2025 | Q4-2024 | Q3-2024 | Q2-2024 | Q1-2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| New housing price index - S.A. series - Base 100 = annual average of year 2015 | 131.1 | 131.3 | 130.7 | 130.8 | 131.3 | 131 | 129.7 | 129.4 | 128.5 | 128.6 | |
| House price index (new and second-hand) - S.A. series - Base 100 = annual average of year 2015 | 126.1 | 127.4 | 127.7 | 127.2 | 127.3 | 127.7 | 126.3 | 126.2 | 126.4 | 127.1 | |
| Price index of second-hand dwellings - Zone A from A, B, C zoning - Base 100 = annual average of year 2015 - SA series | 120.4 | 121.4 | 121.7 | 121.4 | 121.5 | 121.4 | 121.1 | 120.9 | 121.3 | 122 |
Understanding france new housing price index
Newly constructed residential real estate properties are tracked through this index, which measures transaction values for buildings completed without prior occupancy. The scope includes apartment units in newly built multi-family blocks and detached houses sold by professional developers or constructed on a contract basis. Existing properties, land values excluding development rights, and commercial spaces are omitted from this metric. Analysts utilize this specific measure to isolate the cost dynamics of fresh housing supply, separating construction sector inflation and developer margins from the broader residential market trends captured by combined or pre-owned property indices.
Interpreting this metric requires accounting for structural shifts in construction standards and regulatory compliance costs, which can alter index levels without reflecting direct market demand changes. Seasonal adjustment procedures remove predictable calendar variations related to permit approvals and completion schedules, smoothing the series for quarterly analysis. Early estimates are subject to routine revisions as delayed notary filings are incorporated into the underlying administrative databases. When evaluating market conditions, comparing this index against pre-owned property indicators reveals divergence in supply elasticity and input cost pressures between newly built developments and established housing stocks.
Frequently asked questions
- What categories of residential property are excluded from this index?
- Pre-owned homes, previously occupied apartments, commercial buildings, and raw land without construction contracts are entirely excluded.
- How does this series handle seasonal fluctuations in real estate transactions?
- The data undergoes statistical seasonal adjustment to remove predictable calendar variations tied to construction completions and permit cycles.
- Why might this index diverge from second-hand housing price measures?
- New housing prices reflect developer margins, regulatory compliance costs, and fresh construction materials, which differ from pre-owned market dynamics.