Based on this quantitative analysis covering the period from 2019 to 2021, five trends reflect the current context of the new housing market in Ile-de-France:
First of all, the new property market has not shown the same resilience as the old market. Indeed, after the first signs of slowing down in 2018, particularly in terms of lettings, 2019 had been marked by a stagnation in sales and above all a sharp decline in listings (-22%) in the Ile-de-France region. . In 2020, the new real estate market collapsed, in particular due to periods of confinement. This study thus makes it possible to glimpse the impacts that the health crisis may have had on the desires of buyers on the one hand and the adaptation of developers on the other, knowing that the time between land prospecting and the launch of the marketing takes on average between a year and a year and a half.
As for sales, they are progressing but at a level that is still far too low in relation to demand. Conversely, despite a catch-up observed between 2020 and 2021, the level of transactions in 2021 fell by 12% collectively and by 23% individually compared to 2019.
Other information provided by the Observatory of the Departmental Agency for Information on Housing in Paris (ADIL 75), a renewed interest can be seen for peri-urban municipalities, which remains to be confirmed in 2022.
Also, new individual housing does not seem to be experiencing renewed interest among buyers, particularly in the face of considerably higher volumes in old properties.
Finally, based on this study, the average price in new real estate should continue to increase in 2022 throughout Ile-de-France.
For Hélène LE GALL, director of ADIL in Paris and Val-de-Marne: "2022 does not promise to be a year of clear recovery given the uncertainties weighing on the economic context. Bank rates are rising under the combined effect of inflation and the growth in government borrowing rates Ease of access to credit is essential in the housing markets, especially in new buildings where tax incentive schemes tend to tighten.Furthermore, the sharp increase in commodity prices will very quickly an effect on the cost of construction at a time when prices are already pushing aside a large proportion of households wishing to buy property.In the long term, who will be able to become an owner in new real estate in Ile-de-France?No solution can be brought without concerted work between the State, the Greater Paris Metropolis and the Ile-de-France Region in the face of this major challenge for the attractiveness of Europe's leading region."