The number of individual houses sold in France is collapsing. Report drawn up by the Pôle Habitat of the French Building Federation. The numbers are irrevocable.
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After a rebound last year on the sidelines of the Covid-19 crisis, sales of new homes have fallen by nearly 28% over the past eight months. This means excluding subdivision, we are in the individual house of residential areas. It is very likely that we will drop below 100,000 units built this year, a real depression if we compare with the 139,600 single-family homes sold last year. According to the Pôle Habitat of the FFB, the 2022 financial year will most likely remain the worst of the last fifteen years.
There are the traditional financial reasons to explain this fall and the weight of the new regulations. First, interest rates which are rising and making investments more and more expensive. Then, the increase in the number of refusals of mortgages. No offense to the commercial banks who use all the arguments to prove the opposite: they look twice before signing loans to individuals and therefore reduce the airfoil. Buying a detached house is becoming more and more complicated for many households, first and foremost the young and the most modest. Not to mention the drop in building permits issued (-20% between June and August 2022), so fewer construction sites started.
Legitimate energy and environmental standards are increasingly numerous and drastic, in particular the RE2020 standard which came into force on January 1st. This standard aims to make positive energy buildings the new construction standard. The positive energy building produces more energy than it consumes.
All these elements accumulate and require the sector to have a great capacity to adapt… hence the appeal launched to the State by the Pôle Habitat of the FFB on the financing of real estate projects, at a time when deputies and senators are building, in Parliament, the 2023 budget.