Old property prices in France fall by 0.8 in Q2 2023.

According to the Notaires-Insee indices published at 8:45 this morning, prices of old houses and apartments in France (excluding Mayotte) fell by 0.8% in the second quarter of 2023 compared to the previous quarter. Over the year, old property prices increased by 0.5% (in seasonally adjusted data). In the previous quarter, old home prices declined 0.2% over 3 months and increased 2.7% over the year.

What you need to know about this index:

Old property price indices are calculated each quarter by Insee in conjunction with notaries. They are based on models that allow you to estimate the value of a property depending on its characteristics.

Sale flat in Antibes 4 008 333,00 $

France,Antibes

3 Bedrooms

1 Bathroom

210 м²

Sale house in Cannes 2 545 833,00 $

France,Cannes

6 Bedrooms

2 Bathrooms

275 м²

Sale flat in Paris 3 079 958,00 $

France,Paris

3 Bedrooms

148 м²

Sale flat in Paris 1 161 750,00 $

France,Paris

1 Bedroom

42 м²

Sale flat in Paris 9 208 333,00 $

France,Paris

5 Bedrooms

5 Bathrooms

360 м²

Sale house in Cannes 1 753 289,00 $

France,Cannes

6 Bedrooms

275 м²

Data on sales of old housing and their characteristics (area, number of rooms, type of rooms...) are provided by the notaries based on transactions concluded during the quarter. The Notaires-Insee indices take into account the type of property (house or apartment) and the geographical area. They are then aggregated to obtain a national index.