
Home prices in
And
Other Aggregates
Presented
by Jacques Friggit (*)
THESE
DOCUMENTS ARE NOW AVAILABLE ON CGEDD’S WEBSITE:
http://www.cgedd.developpement-durable.gouv.fr/rubrique.php3?id_rubrique=137
Click
here
to get there!
1.
Documents updated on a monthly or quarterly basis
·
Long
term charts (in English) updated monthly about home prices as well as amounts of property
transactions, stocks, interest rates, etc. since the 19th century. These charts update analyses presented in the
permanent documents mentioned below. Chart
2.2. compares the evolution of home prices in
·
Property
transaction tax base (source: MEDOC) (in French) updated monthly, by
month, department and tax type.
· Number of existing-home transactions cumulated on last 12 months, updated
at least quarterly.
·
Complete historical values of the
Notaires-INSEE home price indices.
2.
Permanent documents in English
· « Comparing Four Secular Home
Price Indices » (June 2008). This
working paper compares four secular home price indices, some of which go back
to the 13th century. It stresses that their long term trend should be
interpreted with caution.
· « Long term (1800-2005) Investment in
Gold, Bonds, Stocks and Housing in France – with Insights into the USA and the
UK : a Few Regularities”» (January
2007). This working paper comments on the evolution of asset prices for the past
two centuries. Its exhibit
1 compares French and British home prices in the long term. Its exhibit 2
comments on French American cross-border investments in the past two centuries,
in terms of return, volatility and diversifying power.
·
Long
Term (1800-2005) Series described in exhibit 3 of the
working paper above. Concerning home
prices, these series may be updated by the quarterly Notaires-INSEE home price
indices, which can be downloaded on
INSEE’s website (here or there)
or above in § 1.
· « Home
Prices over the Long Run », presentation at Western Economic Association
International 85th Annual Conference, June 2009.
· « The
Number of Existing-Home Transactions », English version of a paper
published in Études foncières , 126, March
- April 2007.
· « Home Purchases by Foreigners
in France »
, English version of a review published in Études foncières , 129, September
- October 2007 about a paper by L.Fauvet.
· « Long Term Home Prices and
Residential Property Investment Performance in Paris in the Time of the French
Franc, 1840-2001
», working paper, February 2002.
· English abstract of chapter 3 of Jacques
Friggit’s book « Prix des logements, produits financiers immobiliers et
gestion des risques » (« Home Prices, Property Financial Instruments
and Risk Management ») (Économica publisher,
3. Permanent documents in French
3.1. Home and other asset prices in the long term
· « Le lien dans l’espace entre revenu
et prix des logements en Ile-de-France » (« The
Spatial Relationship between Income and Home Prices in the Paris Region »),
short paper published in the property newsletter n°6 (January 2010) of the High
Council of French Notaries.
· « Le prix des logements sur longue période » (« Home Prices in the Long Run »), short paper, Informations Sociales, 155, September 2009.
· « Le prix des logements sur longue période » (« Home Prices in the Long Run »), presentation to the directors of FNSCHLM, January 2009.
· « Le prix des logements en 2004: quelques anormalités historiques » (« Home Prices in 2004 : some Historical Abnormalities ») , Urbanissimo, 78, October 2004.
· « Placements en actions et en logement : quelques régularités sur longue période » (« Investments in Stocks and Dwellings : some Regularities in the Long Term »), Réflexions immobilières, 33, September 2002.
·
« 40
ans de prix des logements en Ile-de-France » (« 40 years of home prices in the
Region of
· « L’évolution sur longue période du prix des logements » (« Long Term Home Price Evolution »), SES synthesis paper, Ministère de l’Équipement, March-April 2001.
3.2.
Numbers and amounts of property transactions and property transaction taxes
·
« Droits
de mutation et montant des transactions immobilières, 1800-2008» (« Property Transaction Taxes and Amounts of
Transactions , 1800-2008 »), working paper, April 2009, update of a
paper quoted in « Deux
siècles de transactions immobilières » (« Two centuries of property
transactions ») Études foncières , 103,
May-June 2003.
· « Répartition du marché de la négociation de logements anciens depuis 1945 » (« Existing-home brokerage market shares since 1945 ») (November 2008), working paper.
· Two methodological papers: « Diverses évaluations du nombre de transactions de logements anciens » (« Various Estimates of the Number of Existing-Home Transactions »), July 2008 and « Estimation du nombre de transactions de logements anciens à finalité conjoncturelle » (« Estimating the Number of Existing-Home Transactions in the Short Term »), August 2008.
·
Amounts of existing property
transactions from 1967 to 2001 quoted in « Trente
années de transactions immobilières dans l'ancien » (« Thirty
years of existing property transactions »), Études foncières , 97,
May-June 2002, as well as the erratum
of this paper.
·
Additional
information relating
to the paper about the impact of home prices on departments’ budgets published
in Études foncières , 92,
July-August 2001.
3.3.
Other
· « Le statut d’occupation des logements
achetés ou construits par des particuliers » («
Tenure of Dwellings Built or Purchased by Individuals ») (June 2007),
working paper.
· « Les ventes de logements anciens en
viager, 2000-2006
» (« Existing Home “Viager” Sales »), working paper quoted in the paper
« Les ventes en viager » (« “Viager”
sales ») published in Études
foncières,
132 (March - April 2008).
· « La saisonnalité du prix des logements » (« Home Price Seasonality »), paper published in Études foncières , 121, May-June 2006.
·
« Dévalorisation
et paupérisation des appartements par rapport aux maisons, 1994-2002 » (« Decrease in the Value and Occupants’
Income of Apartments Relative to Detached Houses »), working paper which
develops a paper with the same title published in Études foncières , 116
(July-August 2005), as well as a precision.
(*) Conseil général de l’environnement et du développement durable