France: building permits down from February to April

The number of building permits for housing fell 1.5% over the period from February to April compared to the previous three months, but housing starts have jumped, the government said on Tuesday.

In detail, it was the building permits for collective housing (-7.6%) that suffered, while single-family homes were doing better (+ 6.4%).

Overall, “during this period, the number of authorized dwellings was 3.8% lower than the average for the twelve months preceding the first confinement (March 2019 to February 2020),” said the Ministry of Ecological Transition in a press release. .

On the other hand, housing starts are up 7.6% from February to April, a trend driven more by multi-family housing (+ 11.8%) than by single-family homes (+ 2%).

From May 2020 to April 2021, the number of building permits reached 405,700, or 28,000 less than in the previous twelve months (-6.5%), and some 387,500 housing units were started, or 25,300 of more (+ 7%).

The ministry stresses, however, that the rise in housing starts is due in particular to the fact that the previous period includes the start of the first confinement, during which construction sites could not start due to health constraints.

Source

France building permits February April

 
For Latest Updates Follow us on Google News
 

PREV Joe Biden arrives Sunday evening in Belgium: here is his program
NEXT Lesneven showcases Brittany in the final