"Real Estate Weather": May's housing figures

20.800

This is the number of new homes reserved in France since January 1, 2025. A volume down -7% compared to the same period in 2024, highlighting the persistent fragility of the market.

19%

This is the share of investors in new housing reservations over the first five months of 2025. As a reminder, this proportion was 36% over the same period in 2023 and 47% in 2021. A figure that illustrates the massive disengagement from rental investment since the extinction of the Pinel scheme.

41.000

This is the number of "off-plan" homes (note: construction has not yet started) available for sale at the end of May 2025. This volume is half that recorded at the start of 2020, reflecting a historically low commercial supply.

-5%

As of the end of April 2025, new housing permits continue to decline, recording a 5% drop over the past twelve months, with fewer than 342.000 homes authorized in France. New construction remains at a standstill.

-21%

The construction of single-family homes continues its steep decline at the start of 2025, with a significant drop in construction starts of -21% (only 67.100 homes over the last twelve months). Authorizations follow the same trend with a drop of -11% (75.800 units over the same period), confirming the persistent difficulties of the sector, pending the possible effects of the zero-interest loan applicable for several weeks.

Illustrative image of the article via Depositphotos.com.