In the provinces, the housing rent index (ILH) appreciated by 0.3% over 3 months in the 1st quarter of 2023. It stood at 104 points, according to a press release from the National Institute of Statistics. and economic studies (Insee) released at 12 p.m. In the 1st quarter of 2023, rents for main residences in the provinces had risen by 1.3%.
Over one year, residential rents increased by 2.1%, after +2% in the previous quarter.
What you need to know to understand this indicator: the ILH index concerns all main residences, rented empty, for residential use. It measures a change at constant quality, by relating the rents of the portfolio observed from one quarter to the next. Be careful not to confuse it with the rent reference index (IRL), which is the reference used for the revision of rents during the lease. The evolution of rents presented by the ILH is that actually observed, specifies INSEE.
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