Building permits breaking the ceiling: New real estate

According to Tuesday's estimates by the Ministry of Ecological Transition, more than 500,000 building permits have been issued between May 2021-April 2022.

Building permits breaking the ceiling: New real estate

According to Tuesday's estimates by the Ministry of Ecological Transition, more than 500,000 building permits have been issued between May 2021-April 2022. This is a record level that has not been seen in over ten years. These numbers, which are estimated at 500,000.00 per year, a 20.7% increase compared with the previous year and 9.9% compared with the pre-health crisis, are misleading.

They are following an "exceptional number" of permits in December 2021 before the entry of restrictive environmental regulations (RE2020), for new constructions. According to experts in the sector, this peak is logically derived from the community's investigation of the files. However, the numbers should fall significantly over the coming months. This is "pure" individual housing. Excluding housing estates for which building permits can be issued in shorter time frames, the price of "pure" individual housing soared in February but fell sharply in April.

The March peak in housing estates was reached, but residences and buildings, which have the most complicated authorizations, are still at an extremely high level. The RE2020 Act, which was implemented on January 1, seeks to reduce greenhouse gas emissions in new construction.

It encourages the use of biosourced materials such as wood to build instead of traditional concrete and steel which are polluting. New homes must be more resistant to cold and heat and have a minimal impact on the environment. According to the French Building Federation, the sector regulation will add between 7 and 8 percent in cost by 2022.

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