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French services producer price index: real estate services

French services producer price index: real estate services stood at 111.2 in Q2 2026, according to INSEE – Institut national de la statistique et des études économiques (BDM). It is one of the indicators in the Services producer prices table (Value · Quarterly), with a complete series running from Q1 2005 to Q2 2026. 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 Services producer prices table

IndicatorQ2-2026Q1-2026Q4-2025Q3-2025Q2-2025Q1-2025Q4-2024Q3-2024Q2-2024Q1-2024
L - Real estate services111.2111.1110.8110.7110.6109.9108.8108.3107.9106.8
MA - Legal, accounting, management, architecture, engineering, technical testing and analysis activities110.9110.1109.6109.2108.7108.7108.1107.6107.6107.2
MC - Other professional, scientific and technical activities108.8107.5108.8107.6108.4107.1108.1107.1107.9106.1

Understanding french services producer price index: real estate services

Price developments for property-related transactions are monitored via the L - Real estate services metric. The scope encompasses fees charged for property management, agency commissions on sales or rentals, and appraisal activities conducted by professional operators. Unlike measures tracking construction costs or physical building materials, this series isolates the service fees associated with brokering and managing real estate assets. Transactions involving the direct purchase of land or structures by individuals for personal use are excluded, as the focus remains strictly on commercial service fees.

Interpreting this data requires attention to property market cycles, which can introduce extended periods of stable or fluctuating fees distinct from broader macroeconomic trends. Early estimates are periodically updated as administrative data and late corporate survey returns are processed. Users should avoid treating this series as a house price index, because it measures the cost of intermediary services rather than the underlying market value of properties.

Frequently asked questions

What types of fees are captured in the real estate services index?
The series tracks property management charges, brokerage commissions, and real estate appraisal fees.
Does this index measure the market value of residential or commercial properties?
No, it measures only the service fees charged by real estate professionals, not the purchase prices of buildings or land.
Why might early estimates of real estate tariffs be revised?
Initial publications rely on preliminary survey samples that are updated when comprehensive quarterly returns are finalized.

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