New real estate has never been so expensive – Boursorama

The drop in supply and the higher cost of materials have led to an increase in real estate prices in new buildings for a year. Rennes, Toulouse and Grenoble suffered the largest increases.

The new real estate sector is in turmoil. Prices continue to climb according to the barometer of the Real Estate Laboratory unveiled this Thursday, November 18 by BFM Business. In November, the increase was 5.7% over one year in municipalities with more than 45,000 inhabitants in mainland France, or 5,195 euros per m² on average. Staying in new accommodation has never been so expensive. On the one hand, there is a lack of supply throughout the territory. On the other hand, the cost of materials has gone up in recent months.

Prices jump 9.7% in Rennes

Unsurprisingly, it is in Paris that the prices recorded are the highest at 12,498 euros per m² on average, ahead of Lyon (6,386 euros / m²), Nice (6,098 euros / m²), Nantes (5,129 euros / m²) and Montpellier (5,086 euros / m²). Conversely, in Reims, the price per square meter is below 4,000 euros, as in Le Havre. In the Norman city, the price increase is insignificant (0.2%).

The biggest increases are visible in Rennes. With a jump of 9.7%, the new real estate market is tight. There, the average price per m² exceeds 5,000 euros. Prices in the Breton capital have become higher than in Bordeaux where the increase is minimal (1.8%). Two cities exceed the 8% increase: Toulouse (8.4%) and Grenoble (8.1%).

How long for this inflation?

The health crisis has shaken the real estate market. Homeowners seek housing on the outskirts of cities. Thus, in Ile-de-France, some towns such as Levallois-Perret and Boulogne-Billancourt have higher prices than some Parisian arrondissements. In Villeurbanne, prices are increasing faster than in Lyon: 8.8% against 6.5%.

There is no indication that prices will drop in the coming months. Only sustainable inflation, which would lead to a rise in interest rates, ” could have a moderating effect on property prices », Emphasizes Franck Vignaud, director of the Real Estate Laboratory. ” In addition, let us not forget that investors are protected from inflation by the indexation of rents to consumer prices, which should not alter their appetite for real estate. », Adds the manager.