Rise in prices of second-hand dwellings in France
This quarter, the increase was mostly due to the prices of flats (+0.9%). The prices of houses increased in a more moderate way (+0.5%).
Over a year, the increase in prices strengthened: +1.8% compared to Q4 2015, after +1.3% the quarter before. This increase was roughly the same for flats (+1.9%) and for houses (+1.7%).
In Q4 2016, the prices of second-hand dwellings in Ile-de-France continued to rise: +0.9% compared to Q3 2016, after +0.7%.
Year-on-year, the rise of prices became more significant: +3.1% compared to Q4 2015, after +2.0 and +1.5%. In Ile-de-France, the rise was mainly buoyed by the prices of flats (+3.5%), especially for the flats in Paris which increased by 4.4% over a year.
The prices of houses in Ile-de-France also increased, albeit less markedly (+2.3% over the year).
In provincial France, the prices of second-hand dwelling rose by 0.6% between the third and the fourth quarter of 2016, that is in a more moderate way than in Ile-de-France. Prices remained higher than one year before (+1.3%).
Unlike in Ile-de-France, the rise was mainly driven by the prices of houses, which increased by 1.6% between the end of 2015 and the end of 2016; the prices of flats increased by 0.6%. ■