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France output current prices: real estate

France output current prices: real estate stood at 429,860 EUR million in 2025, according to INSEE – Institut national de la statistique et des études économiques (BDM). It is one of the indicators in the Annual national accounts table (Value · Annual), with a complete series running from 1949 to 2025. The complete series with an interactive chart, free to download.

Source: INSEE – Institut national de la statistique et des études économiques (BDM)Last updated: Curated by Bui Thanh Phuc
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This indicator in the Annual national accounts table

Indicator2025202420232022202120202019201820172016
Output, current prices
Real estate429,860416,624403,929392,334375,345362,447360,677351,673345,123336,933
Professional, scientific, technical, administrative and support service activities787,931764,833721,796682,088607,892546,662582,511552,911525,818505,841

Understanding france output current prices: real estate

Housing rentals, commercial property leasing, and imputed rents for owner-occupied dwellings form the foundation of this monetary valuation. The series aggregates total gross billings of landlords and real estate agents alongside the estimated rental value that homeowners receive for providing housing services to themselves. Unlike manufacturing industries that fabricate physical merchandise, this domain centers on the usufruct of built assets and property management services.

Interpreting the series requires recognizing that imputed rents make up a substantial share of the total, introducing methodological estimations rather than direct cash exchanges. Annual figures are subject to revisions when benchmark property censuses or tax registers update the housing stock inventory. When reviewing multi-year comparisons, analysts must account for changes in rental price regulations and regional housing market dynamics that influence nominal valuations without altering physical capacity.

Frequently asked questions

Does this measure include owner-occupied housing?
Yes, imputed rents for homeowners are added to actual rental payments to capture total housing services.
How does this differ from construction output?
Construction measures the building of new structures, whereas real estate captures the ongoing rental and management of property.
Why might early real estate estimates change significantly?
Initial figures depend on projected rental yields that are later replaced by comprehensive tax and administrative data.

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