Housing and office construction continues to rise

From March to May 2022, authorized housing is up (+2,9%) compared to the previous three months, when it had experienced a sharp increase (+11,0%), in data adjusted for seasonal variations and days business hours (CVS-CJO).

The very high level of authorizations in recent months is due to the exceptional number of permit applications submitted in December 2021, probably in connection with the entry into force of the environmental regulations (RE) 2020 on January 1, 2022. A similar phenomenon had occurred produced in 2013 when the thermal regulations (RT) 2012 came into force. The number of dwellings authorized over the last three months is significantly higher (+16,2%) than the average for the twelve months preceding the health crisis ( March 2019 to February 2020).

Over the past three months, housing starts are estimated to have remained stable (+0,0%), after declining 3,2% in the previous three months, in CVS-CJO data. From March to May 2022, housing starts are estimated to have been slightly higher (+0,5%) than their average for the twelve months preceding the first confinement.

From June 2021 to May 2022, 502.800 housing units were authorized for construction, i.e. 70.900 more than during the previous 12 months (+16,4%). At the same time, it is estimated that 388.300 housing units were started, i.e. 2.000 more (+0,5%) than in the previous 12 months (June 2020 to May 2021). If we take as a point of comparison the 12 months preceding the health crisis (March 2019 to February 2020), the number of dwellings authorized and started during the last 12 months are respectively 9,5% and 1,4% higher.

Authorized accommodations

From June 2021 to May 2022, 502.800 housing units were authorized for construction, i.e. 70.900 more than during the previous 12 months (+16,4%).

Authorizations for grouped individual housing (+28,1%) experienced strong growth. Ordinary collective housing (+15,5%), pure individual (+15,0%) and residence (+11,3%) also increased.

Housing starts

Over the past twelve months, an estimated 388.300 housing units have been started, i.e. 2.000 more (+0,5%) than in the previous 12 months (June 2020 to May 2021).

Pure individual housing (+11,4%) would have experienced strong growth. Grouped individual dwellings (+0,5%) would have increased slightly. Ordinary collective housing (-4,4%) and residential housing (-8,6%) would have declined.

Housing construction, results at the end of May 2022

Construction of premises, results at the end of May 2022