September 2026 at a Glance

House Prices and Trends

The national house price index for France rose 0.1% year on year in Q1 2026 and was -0.6% against the previous quarter, according to Eurostat, House price index (prc_hpi_q). A year earlier the annual rate was +0.5%, so growth has held broadly steady over twelve months. The latest quarter shows annual growth decelerating from its previous reading — a sign that the upswing is maturing.

House price index, % change year on yearQ2 2024-4.6%Q3 2024-3.5%Q4 2024-1.9%Q1 2025+0.5%Q2 2025+0.7%Q3 2025+0.7%Q4 2025+0.9%Q1 2026+0.1%

Financing and Interest Rates

The European Central Bank’s policy rate was 2.25% in August 2026 (BIS, Central bank policy rates). Rates are 0.25 points higher than a year ago, which raises the cost of borrowing and tends to cool price growth with a lag of two to four quarters. The average rate on new mortgages to households in France was 3.18% in July 2026 (ECB, Bank interest rates — loans to households for house purchase (MIR)), compared with 3.01% a year earlier.

France in the News

• Moving to France: Loan Brokerage & Real Estate – Frenchly (Frenchly, 22 Sep 2026)
• News | RN3 Partners makes its first Continental Europe acquisition in France – CoStar (CoStar, 18 Sep 2026)
• Business – How heatwaves are changing France's real-estate market – France 24 (France 24, 13 Jul 2026)
• French property prices dip amid wide regional differences – connexionfrance (connexionfrance, 10 Sep 2026)
• France's real estate tax comes into force with associated mandatory reporting – Step.org (Step.org, 6 Jul 2026)
• France’s Luxury Property Market Sees Surge in Demand – luxuo.com (luxuo.com, 14 Jul 2026)

Reading the Trend

What to watch next month

• The next quarterly release of the house price index for France (Q1 2026 is the latest) — whether annual growth keeps slowing.
• Upcoming decisions by the European Central Bank — any move from 2.25% feeds through to mortgage pricing within weeks.

What This Means for Buyers, Sellers and Investors

Sources

• Eurostat, House price index (prc_hpi_q)
• BIS, Central bank policy rates
• ECB, Bank interest rates — loans to households for house purchase (MIR)
• Headlines via Google News RSS; content belongs to the linked publishers.

Previous edition: France Property Market Report — August 2026

Methodology: all figures are taken directly from the free public statistical sources linked above, for the periods stated; official statistics are published with a lag, so the latest available release is used. Commentary is generated from those figures by rule and reviewed before publication. Nothing here is financial advice.