France real estate services turnover index
France real estate services turnover index stood at 109.81 in Jul 2026, according to INSEE – Institut national de la statistique et des études économiques (BDM). It is one of the indicators in the Services production and turnover table (Value · Monthly), with a complete series running from Jan 1999 to Jul 2026. The complete series with an interactive chart, free to download.
This indicator in the Services production and turnover table
| Indicator | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | 10-2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Services turnover | |||||||||||
| Real estate (NAF rev. 2, lev. Section, item L) | 109.81 | 110.27 | 113.14 | 111.58 | 113.52 | 111.54 | 111.84 | 109.89 | 109.85 | 110.2 | |
| Information services (NAF rev. 2, lev. Division, item 63) | 154.44 | 149.24 | 148.5 | 150.11 | 147.68 | 145.58 | 148.84 | 146.64 | 144.75 | 142.45 |
Understanding france real estate services turnover index
This index tracks monthly billings generated by firms classified under real estate activities, capturing transactions tied to property management, leasing fees, and intermediary brokerage services. Unlike broader macroeconomic indicators that measure total physical construction output, this metric focuses strictly on the market turnover of commercial and residential property services. Excluded from this specific index are direct property sales prices and self-assessed imputed rents of owner-occupiers, as the measure counts only invoiced revenues from commercial real estate operations.
Interpreting this monthly figure requires accounting for standard seasonal payment patterns in property management contracts and leasing commissions. Initial estimates are routinely subject to updates as late survey responses arrive from smaller real estate agencies. Analysts should evaluate month-on-month changes alongside annual comparisons to filter out recurring quarterly billing cycles. Comparing this nominal turnover metric against volume-based production measures reveals the underlying influence of property fee adjustments over time.
Frequently asked questions
- What transactions are counted in the real estate services turnover index?
- It records invoiced revenues from property management, leasing fees, and real estate brokerage operations.
- Does this index measure changes in property sales prices?
- No, it tracks the business turnover of service providers rather than underlying real estate asset valuations or sales prices.
- How should early estimates of this index be treated?
- Early figures should be viewed as provisional because subsequent survey responses from agencies frequently trigger routine revisions.