Growth in the park is still slowing in France, according to INSEE

The number of homes is still increasing steadily in France, but at a slower pace in recent years, notes the National Institute of Statistics (INSEE) in a note published on Thursday, September 12. According to this study, France (excluding Mayotte) had 38.2 million homes on January 1, 2024, compared to 37.8 million in January 2023.

Over the past forty years, the housing stock has grown by an average of 1.1% per year. However, this growth has been gradually slowing down since 2010: from an average of 1.2% per year between 2000 and 2009, it has stagnated since 2018 at +0.9% per year. The stock is made up of 31.4 million primary residences, or 82.2% of housing, a percentage that has changed little over the past forty years (82.6% in 1983). In detail, 3.7 million (9.8%) of housing units are secondary residences and 3.1 million (8.2%) are vacant.