However, whilst the notaires generalise five major phases, the extent of changes was not uniform across the country.
The lowest prices increase of between 80% and 100% occurred in Orleans, Dijon, Brest and Nancy, whilst in Bordeaux apartment prices have risen by around 250%. House price increases in Bordeaux have also been higher than in any other city.
the report did not include figures for 2017, prices in Bordeaux last
year rose by a spectacular 16%, outpacing every other city by a
significant margin. The opening of the high-speed TGV train link to
Paris (2 hours journey time) last year will have unquestionably
contributed to this growth.
As a result, the league table of cities in terms of their property price levels has changed substantially over the period of the study.
Whilst in 1997 the Alsatian capital of Strasbourg topped the table as the city with the highest apartment prices, by 2016 it had slipped down to 7th position.
Since 2005, the sun-drenched city of Nice has had the highest prices outside of Paris, a position it has held for house prices throughout the whole period of the study.
The city of Bordeaux moved up the table from 14th place for apartment prices in 1997 to second position in 2016. It is also a similar picture for house prices in Bordeaux, which were placed 12th in 1997, but rose to 3rd position by 2016.
Other good performers have been Lyon, Nantes and Montpellier.
Significant movements in the other direction have been Rennes, where until the mid-2000s apartment prices shared the podium with Nice, but fell to 11th position by 2009, and Dijon, which has fallen down the table for both house and apartment prices.
The graphic below shows the league table over the period for apartments.