{
  "id": "macro_economics/housing/fr_housing_market_activity_monthly",
  "generated_at": "2026-05-27T08:32:22.508346+00:00",
  "last_refresh": "2026-05-25",
  "source": "ECB MIR monthly new housing loans and Eurostat table STS_COBP_M residential building permit dataset.",
  "source_description": "Monthly France housing market activity indicator based on a weighted combination of new mortgage lending and residential building permits, indexed to 2019 = 100.",
  "table_id": "macro_economics/housing/fr_housing_market_activity_monthly",
  "meta": {
    "indicator_name": "France housing market activity",
    "indicator_description": "Monthly France housing market activity indicator based on a weighted combination of new mortgage lending and residential building permits, indexed to 2019 = 100.",
    "title": "France housing market activity",
    "description": "Monthly France housing market activity indicator based on a weighted combination of new mortgage lending and residential building permits, indexed to 2019 = 100.",
    "source": "ECB MIR monthly new housing loans and Eurostat table STS_COBP_M residential building permit dataset.",
    "source_description": "Monthly France housing market activity indicator based on a weighted combination of new mortgage lending and residential building permits, indexed to 2019 = 100.",
    "visibility": "public",
    "updated_at": "2026-05-25T06:49:10.560358Z",
    "last_refresh": "2026-05-25",
    "table_id": "macro_economics/housing/fr_housing_market_activity_monthly",
    "topic": "Macroeconomics",
    "subtopic": "Housing",
    "geo": [
      "FR"
    ],
    "geo_included": [
      "FR"
    ],
    "page_slug": "france-housing-market-activity",
    "page_url": "/indicators/macroeconomics/housing/france-housing-market-activity/",
    "chart_type": "line",
    "series_type": "single",
    "frequency": "monthly",
    "units": "Index (2019 = 100)",
    "legend": false,
    "featured_topic": true,
    "featured_subtopic": true,
    "featured_rank_topic": 5,
    "featured_rank_subtopic": 2,
    "chart_title": "France Housing Market Activity",
    "y_axis_label": "Index [2019=100]",
    "related_indicators": [
      {
        "title": "France Furniture Retail Market Size",
        "url": "/indicators/retail/market-size/france-furniture-retail-turnover/",
        "label": "Market size"
      },
      {
        "title": "France Furniture Product Search Trend",
        "url": "/indicators/retail/online/france-furniture-products-search-trend/",
        "label": "Online"
      },
      {
        "title": "Germany Housing Market Activity",
        "url": "/indicators/macroeconomics/housing/germany-housing-market-activity/",
        "label": "Housing"
      }
    ],
    "data_hash": "471ce42c2db8e0dbf53f26be9e61517c542c989fba26c0f0e41ff0832bca3b35",
    "trend_summary": "In 2026-03-01, the indicator reached 83.1 Index [2019=100], compared with 66.5 Index [2019=100] in 2015-01-01. The latest year changed by 15 Index [2019=100] from 2026-02-01, while the full-period change was 16.6 Index [2019=100]. Across the available history, the range runs from 50.2 in 2024-02-01 to 149.4 in 2017-01-01. The latest observation sits between the period low and high, so it should be read against both the 2024-02-01 trough and the 2017-01-01 peak.",
    "trend_summary_generated_at": "2026-05-27T08:32:42.877862+00:00",
    "trend_summary_source": "fallback",
    "key_findings": [
      "French housing activity remains subdued, pointing to a cautious backdrop for furniture, kitchens and home-related demand.",
      "The series is still in the weaker part of its range, leaving the housing cycle fragile.",
      "Recent movement is improving, which points to some easing in housing-market pressure."
    ],
    "key_findings_source": "housing_activity_rule",
    "key_findings_rewrite_error": "Error code: 429 - {'error': {'message': 'You exceeded your current quota, please check your plan and billing details. For more information on this error, read the docs: https://platform.openai.com/docs/guides/error-codes/api-errors.', 'type': 'insufficient_quota', 'param': None, 'code': 'insufficient_quota'}}"
  },
  "data": [
    {
      "date": "2015-01-01",
      "geo": "FR",
      "value": 66.47
    },
    {
      "date": "2015-02-01",
      "geo": "FR",
      "value": 66.52
    },
    {
      "date": "2015-03-01",
      "geo": "FR",
      "value": 76.13
    },
    {
      "date": "2015-04-01",
      "geo": "FR",
      "value": 79.7
    },
    {
      "date": "2015-05-01",
      "geo": "FR",
      "value": 74.28
    },
    {
      "date": "2015-06-01",
      "geo": "FR",
      "value": 94.86
    },
    {
      "date": "2015-07-01",
      "geo": "FR",
      "value": 107.49
    },
    {
      "date": "2015-08-01",
      "geo": "FR",
      "value": 98.24
    },
    {
      "date": "2015-09-01",
      "geo": "FR",
      "value": 95.98
    },
    {
      "date": "2015-10-01",
      "geo": "FR",
      "value": 86.37
    },
    {
      "date": "2015-11-01",
      "geo": "FR",
      "value": 83.43
    },
    {
      "date": "2015-12-01",
      "geo": "FR",
      "value": 86.64
    },
    {
      "date": "2016-01-01",
      "geo": "FR",
      "value": 71.16
    },
    {
      "date": "2016-02-01",
      "geo": "FR",
      "value": 75.16
    },
    {
      "date": "2016-03-01",
      "geo": "FR",
      "value": 76.52
    },
    {
      "date": "2016-04-01",
      "geo": "FR",
      "value": 81.31
    },
    {
      "date": "2016-05-01",
      "geo": "FR",
      "value": 87.79
    },
    {
      "date": "2016-06-01",
      "geo": "FR",
      "value": 106.26
    },
    {
      "date": "2016-07-01",
      "geo": "FR",
      "value": 113.22
    },
    {
      "date": "2016-08-01",
      "geo": "FR",
      "value": 118.21
    },
    {
      "date": "2016-09-01",
      "geo": "FR",
      "value": 118.54
    },
    {
      "date": "2016-10-01",
      "geo": "FR",
      "value": 114.39
    },
    {
      "date": "2016-11-01",
      "geo": "FR",
      "value": 127.03
    },
    {
      "date": "2016-12-01",
      "geo": "FR",
      "value": 149.08
    },
    {
      "date": "2017-01-01",
      "geo": "FR",
      "value": 149.37
    },
    {
      "date": "2017-02-01",
      "geo": "FR",
      "value": 133.1
    },
    {
      "date": "2017-03-01",
      "geo": "FR",
      "value": 140.56
    },
    {
      "date": "2017-04-01",
      "geo": "FR",
      "value": 117.17
    },
    {
      "date": "2017-05-01",
      "geo": "FR",
      "value": 117.43
    },
    {
      "date": "2017-06-01",
      "geo": "FR",
      "value": 114.99
    },
    {
      "date": "2017-07-01",
      "geo": "FR",
      "value": 111.08
    },
    {
      "date": "2017-08-01",
      "geo": "FR",
      "value": 90.31
    },
    {
      "date": "2017-09-01",
      "geo": "FR",
      "value": 82.99
    },
    {
      "date": "2017-10-01",
      "geo": "FR",
      "value": 80.9
    },
    {
      "date": "2017-11-01",
      "geo": "FR",
      "value": 83.51
    },
    {
      "date": "2017-12-01",
      "geo": "FR",
      "value": 98.21
    },
    {
      "date": "2018-01-01",
      "geo": "FR",
      "value": 87.58
    },
    {
      "date": "2018-02-01",
      "geo": "FR",
      "value": 83.26
    },
    {
      "date": "2018-03-01",
      "geo": "FR",
      "value": 86.56
    },
    {
      "date": "2018-04-01",
      "geo": "FR",
      "value": 85.29
    },
    {
      "date": "2018-05-01",
      "geo": "FR",
      "value": 87.88
    },
    {
      "date": "2018-06-01",
      "geo": "FR",
      "value": 92.97
    },
    {
      "date": "2018-07-01",
      "geo": "FR",
      "value": 101.5
    },
    {
      "date": "2018-08-01",
      "geo": "FR",
      "value": 93.81
    },
    {
      "date": "2018-09-01",
      "geo": "FR",
      "value": 85.06
    },
    {
      "date": "2018-10-01",
      "geo": "FR",
      "value": 92.01
    },
    {
      "date": "2018-11-01",
      "geo": "FR",
      "value": 85.98
    },
    {
      "date": "2018-12-01",
      "geo": "FR",
      "value": 94.8
    },
    {
      "date": "2019-01-01",
      "geo": "FR",
      "value": 89.73
    },
    {
      "date": "2019-02-01",
      "geo": "FR",
      "value": 83.52
    },
    {
      "date": "2019-03-01",
      "geo": "FR",
      "value": 89.87
    },
    {
      "date": "2019-04-01",
      "geo": "FR",
      "value": 92.98
    },
    {
      "date": "2019-05-01",
      "geo": "FR",
      "value": 88.92
    },
    {
      "date": "2019-06-01",
      "geo": "FR",
      "value": 99.72
    },
    {
      "date": "2019-07-01",
      "geo": "FR",
      "value": 120.12
    },
    {
      "date": "2019-08-01",
      "geo": "FR",
      "value": 102.08
    },
    {
      "date": "2019-09-01",
      "geo": "FR",
      "value": 97.33
    },
    {
      "date": "2019-10-01",
      "geo": "FR",
      "value": 111.53
    },
    {
      "date": "2019-11-01",
      "geo": "FR",
      "value": 103.27
    },
    {
      "date": "2019-12-01",
      "geo": "FR",
      "value": 120.92
    },
    {
      "date": "2020-01-01",
      "geo": "FR",
      "value": 110.49
    },
    {
      "date": "2020-02-01",
      "geo": "FR",
      "value": 107.54
    },
    {
      "date": "2020-03-01",
      "geo": "FR",
      "value": 93.47
    },
    {
      "date": "2020-04-01",
      "geo": "FR",
      "value": 85.07
    },
    {
      "date": "2020-05-01",
      "geo": "FR",
      "value": 84.37
    },
    {
      "date": "2020-06-01",
      "geo": "FR",
      "value": 93.52
    },
    {
      "date": "2020-07-01",
      "geo": "FR",
      "value": 97.94
    },
    {
      "date": "2020-08-01",
      "geo": "FR",
      "value": 93.05
    },
    {
      "date": "2020-09-01",
      "geo": "FR",
      "value": 100.17
    },
    {
      "date": "2020-10-01",
      "geo": "FR",
      "value": 103.81
    },
    {
      "date": "2020-11-01",
      "geo": "FR",
      "value": 99.99
    },
    {
      "date": "2020-12-01",
      "geo": "FR",
      "value": 110.37
    },
    {
      "date": "2021-01-01",
      "geo": "FR",
      "value": 89.86
    },
    {
      "date": "2021-02-01",
      "geo": "FR",
      "value": 89.96
    },
    {
      "date": "2021-03-01",
      "geo": "FR",
      "value": 105.39
    },
    {
      "date": "2021-04-01",
      "geo": "FR",
      "value": 109.49
    },
    {
      "date": "2021-05-01",
      "geo": "FR",
      "value": 114.15
    },
    {
      "date": "2021-06-01",
      "geo": "FR",
      "value": 129.87
    },
    {
      "date": "2021-07-01",
      "geo": "FR",
      "value": 132.35
    },
    {
      "date": "2021-08-01",
      "geo": "FR",
      "value": 113.3
    },
    {
      "date": "2021-09-01",
      "geo": "FR",
      "value": 110.19
    },
    {
      "date": "2021-10-01",
      "geo": "FR",
      "value": 109.11
    },
    {
      "date": "2021-11-01",
      "geo": "FR",
      "value": 104.65
    },
    {
      "date": "2021-12-01",
      "geo": "FR",
      "value": 118.07
    },
    {
      "date": "2022-01-01",
      "geo": "FR",
      "value": 109.58
    },
    {
      "date": "2022-02-01",
      "geo": "FR",
      "value": 116.79
    },
    {
      "date": "2022-03-01",
      "geo": "FR",
      "value": 125.88
    },
    {
      "date": "2022-04-01",
      "geo": "FR",
      "value": 118.74
    },
    {
      "date": "2022-05-01",
      "geo": "FR",
      "value": 122.25
    },
    {
      "date": "2022-06-01",
      "geo": "FR",
      "value": 119.75
    },
    {
      "date": "2022-07-01",
      "geo": "FR",
      "value": 118.6
    },
    {
      "date": "2022-08-01",
      "geo": "FR",
      "value": 114.39
    },
    {
      "date": "2022-09-01",
      "geo": "FR",
      "value": 89.09
    },
    {
      "date": "2022-10-01",
      "geo": "FR",
      "value": 82.69
    },
    {
      "date": "2022-11-01",
      "geo": "FR",
      "value": 82.31
    },
    {
      "date": "2022-12-01",
      "geo": "FR",
      "value": 84.98
    },
    {
      "date": "2023-01-01",
      "geo": "FR",
      "value": 77.41
    },
    {
      "date": "2023-02-01",
      "geo": "FR",
      "value": 72.19
    },
    {
      "date": "2023-03-01",
      "geo": "FR",
      "value": 75.47
    },
    {
      "date": "2023-04-01",
      "geo": "FR",
      "value": 73.19
    },
    {
      "date": "2023-05-01",
      "geo": "FR",
      "value": 72.95
    },
    {
      "date": "2023-06-01",
      "geo": "FR",
      "value": 76.29
    },
    {
      "date": "2023-07-01",
      "geo": "FR",
      "value": 71.92
    },
    {
      "date": "2023-08-01",
      "geo": "FR",
      "value": 67.52
    },
    {
      "date": "2023-09-01",
      "geo": "FR",
      "value": 58.26
    },
    {
      "date": "2023-10-01",
      "geo": "FR",
      "value": 63.33
    },
    {
      "date": "2023-11-01",
      "geo": "FR",
      "value": 58.79
    },
    {
      "date": "2023-12-01",
      "geo": "FR",
      "value": 63.09
    },
    {
      "date": "2024-01-01",
      "geo": "FR",
      "value": 53.28
    },
    {
      "date": "2024-02-01",
      "geo": "FR",
      "value": 50.22
    },
    {
      "date": "2024-03-01",
      "geo": "FR",
      "value": 52.11
    },
    {
      "date": "2024-04-01",
      "geo": "FR",
      "value": 55.35
    },
    {
      "date": "2024-05-01",
      "geo": "FR",
      "value": 54.53
    },
    {
      "date": "2024-06-01",
      "geo": "FR",
      "value": 60.16
    },
    {
      "date": "2024-07-01",
      "geo": "FR",
      "value": 72.03
    },
    {
      "date": "2024-08-01",
      "geo": "FR",
      "value": 60.95
    },
    {
      "date": "2024-09-01",
      "geo": "FR",
      "value": 56.86
    },
    {
      "date": "2024-10-01",
      "geo": "FR",
      "value": 61.3
    },
    {
      "date": "2024-11-01",
      "geo": "FR",
      "value": 59.42
    },
    {
      "date": "2024-12-01",
      "geo": "FR",
      "value": 70.54
    },
    {
      "date": "2025-01-01",
      "geo": "FR",
      "value": 61.09
    },
    {
      "date": "2025-02-01",
      "geo": "FR",
      "value": 63.31
    },
    {
      "date": "2025-03-01",
      "geo": "FR",
      "value": 69.27
    },
    {
      "date": "2025-04-01",
      "geo": "FR",
      "value": 76.07
    },
    {
      "date": "2025-05-01",
      "geo": "FR",
      "value": 70.08
    },
    {
      "date": "2025-06-01",
      "geo": "FR",
      "value": 77.69
    },
    {
      "date": "2025-07-01",
      "geo": "FR",
      "value": 84.1
    },
    {
      "date": "2025-08-01",
      "geo": "FR",
      "value": 71.89
    },
    {
      "date": "2025-09-01",
      "geo": "FR",
      "value": 71.84
    },
    {
      "date": "2025-10-01",
      "geo": "FR",
      "value": 75.28
    },
    {
      "date": "2025-11-01",
      "geo": "FR",
      "value": 67.46
    },
    {
      "date": "2025-12-01",
      "geo": "FR",
      "value": 81.66
    },
    {
      "date": "2026-01-01",
      "geo": "FR",
      "value": 67.34
    },
    {
      "date": "2026-02-01",
      "geo": "FR",
      "value": 68.04
    },
    {
      "date": "2026-03-01",
      "geo": "FR",
      "value": 83.08
    }
  ]
}