French House Prices Show Mixed Trends in 2025
House prices in many French cities experienced notable shifts in the second quarter of 2025, with annual changes ranging from a rise of up to 18% to a drop of as much as 7%, based on fresh data from the Notaires de France.
Significant Changes by City
- Caen, Grenoble, and Reims recorded substantial price increases over the year.
- Lyon, Bordeaux, and Montauban saw a decline in house prices, with Lyon falling sharply by over 7%.
- Several other cities registered moderate decreases, around 2%.
- Smaller and mid-sized locations showed more volatility, including a notable 18% rise in southern Corsica.
Data Scope and Timing
The Notaires de France, the central authority compiling these figures, provides the most comprehensive legal data available as it includes all property sales.
This report focuses exclusively on non-new build houses, meaning properties at least five years old with previous owners.
Because of the necessary data compilation time, the latest figures cover the period up to June 30, 2025, compared to the same timeframe the previous year.
Market Activity and Trends
Preliminary data also indicates the overall number of home sales between August 2024 and August 2025 reached 916,000, which is higher than the averages recorded from 2006 to 2017 but still lower than the pre-pandemic levels.
"The percentages below show the change in house price of a city and its suburbs between April-June 2024 and April-June 2025."
Prices have stabilized in many larger cities, but some places like Lyon continue to show significant declines.
Summary
French housing markets display marked regional disparities, with some areas experiencing strong recovery and growth, while others face continued price drops in 2025.
Author's Summary
House prices in France’s cities vary widely in 2025, highlighted by strong rises in some areas and sharp declines in others, reflecting an uneven post-pandemic market recovery.
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