France real residential property prices year-on-year change
France real residential property prices year-on-year change stood at -2.84% 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 1971 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Real house prices (BIS) | |||||||||||
| Real residential property prices, year-on-year change | -2.84 | -0.87 | 0.07 | -0.3 | -0.18 | -0.67 | -3.1 | -5.13 | -6.62 | -7.35 | |
| Real residential property price index | 96.34 | 99.01 | 100.11 | 100.35 | 99.16 | 99.88 | 100.04 | 100.65 | 99.34 | 100.55 |
Understanding france real residential property prices year-on-year change
Annual percentage velocity of inflation-adjusted residential property valuations is captured by this metric, measuring the twelve-month rate of change in real housing costs. The calculation compares the current period's real price index directly with the corresponding period of the previous year, eliminating base effects from short-term quarterly blips. Commercial properties, financial transaction fees, and nominal price figures unadjusted for inflation are omitted. Researchers rely on this annual growth rate to identify cyclical turning points, housing market momentum, and sustained deviations from long-term real estate valuation averages.
Reading this percentage change correctly requires looking past seasonal quarter-to-quarter noise, as the twelve-month comparison naturally smooths out intra-year volatility. However, this smoothing means the indicator reacts with a lag to sudden macroeconomic policy shifts or rapid credit tightening. Revisions in the underlying real price indices automatically flow through to this growth rate. Comparing this rate with wage growth or broader economic output metrics provides a robust test of housing market sustainability without the distortion of base-year index levels.
Frequently asked questions
- What time span does this percentage change calculation cover?
- It measures the twelve-month percentage difference between the current quarter and the same quarter of the previous year.
- Does this indicator account for general consumer inflation?
- Yes, it tracks year-on-year changes in real residential prices, which are already adjusted for economy-wide inflation.
- Why use a year-on-year growth rate instead of quarter-on-quarter changes?
- The annual comparison removes seasonal volatility and short-term statistical noise to reveal sustained market momentum.