The outlook for new housing in France improves slightly in November

Between September and November, 112.400 new homes were authorized in France, according to the Ministry of Ecological Transition, on which Housing depends.

Admittedly, this is a decrease (-3,9%) compared to a year earlier. But it slowed down markedly in one month, which therefore shows an improvement in the trend in November.

The permits, which give an idea of ​​the upcoming trend for new housing, "have for the first time slightly exceeded the average level of the three months preceding the first confinement", notes the ministry.

Struck by the strict containment decreed in the spring by the authorities against the spread of the new coronavirus, housing construction had collapsed during the period covering roughly the second quarter.

In town halls, the examination of permits had largely been frozen, while local elected officials were already tending to significantly reduce their number even before the health crisis. On the ground, many construction sites had been interrupted for weeks.

The re-containment in November was not so bad for obtaining permits. On the other hand, starts, which testify to the real level of construction, slowed down. At 113.200 housing units started between September and November, they fell by 1,9% compared to a year earlier.