Degradation of all indicators of the new housing market in Île-de-France in the 1st quarter

Sales at the lowest since the 2008 crisis

According to Capem, the 1st quarter of 2021 is marked by a 14% drop in new home sales by real estate developers in the Ile-de-France region. With only 3 housing units launched in Île-de-France, a drop of 100% over one year, this is one of the lowest volumes since the 14 crisis.

A phenomenon which is explained by the difficulty, even the impossibility in certain communes to obtain building permits.

This first 2021 indicator should alert all professionals and local elected officials: 1.400 fewer launches than in the last quarter of 2020 and 3 fewer compared to the 300st quarter of 1.

“The period is extremely worrying and we are facing a frightening standstill. We can no longer meet the needs of Ile-de-France residents in terms of housing as the issuance of building permits has stopped. However, it is by authorizing new constructions and by stopping the stigmatization of the act of building that we will be able to get out of this construction crisis in Île-de-France. " alert Marc VILLAND, President of the FPI IDF.

A drop in sales during this 1st quarter

In the first quarter of 2021, 6 new homes were sold, a slight decrease of 000% over one year, the lowest volume since 3 for a first quarter.

Rental investment is also experiencing a significant drop, with the share of investors in the first quarter of 2021 standing at 37% in Ile-de-France, compared to 39% in the first quarter of 2020.

For Marc VILLAND : “The demand is there. As soon as we start marketing a program, the homes are sold. It is not only real estate developers who need building permits or building companies who need to fill their order book, it is also Ile-de-France residents who need housing! "

At the top of the most dynamic Ile-de-France departments, Hauts-de-Seine and Seine-Saint-Denis represent 26% and 22% of the regional market respectively.

An offer still in free fall

At the end of March 2021, only 16 new homes remained for sale. Over one year, the total supply has fallen by 100%.

Thus, at the current rate of sales, 9,2 months would be necessary by March 31, 2021 to sell the stock of new homes in Ile-de-France.

“This first quarter shows that the supply is continuing its worrying plummet. Even more worrying, this volume was almost halved compared to the end of December 2017. The urgency is that our political leaders commit themselves in favor of a sustainable city: we are able to bring nature back into the city and create living spaces. An ecological city is a city that rebuilds itself and becomes denser by recomposing the existing urban fabric. " concludes Marc VILLAND.