Real estate: 59,000 new homes put on sale in 2024, down 29% over one year

The fall is accentuating in new construction. In 2024, 59,014 new homes were put up for sale in France, 29% less than the previous year and almost half as many as in 2022, according to data published Wednesday by the Ministry of Regional Planning . New real estate has been in a serious crisis for two years, but in the fourth quarter, the number of new homes marketed rebounded slightly by 6.4% compared to the previous quarter, to 14,335. It was mainly apartments that were put up for sale in the last quarter (+8.1% over one quarter), while the number of houses marketed continued to slow, by 15.5%.

Housing reservations made by individuals amounted to 67,906 in 2024, i.e. -5% year-on-year, but almost 40% less than in 2022. In the last quarter, housing reservations by individuals fell by 4.2% compared to the previous quarter, to 17,122. It was mainly apartments that individuals reserved (16,331 housing units). As for houses, 791 reservations were recorded in the last quarter, i.e. 8.9% less than in the previous three months. The number of houses reserved falls to a new low since at least 2019.

The stock of housing offered for sale, which reached a peak in mid-2023, is being absorbed very slowly: 117,472 homes were available in the last quarter, 3% less than in the previous three months. In the territory, the area with the most strain on available housing (Paris, a large part of the Île-de-France, the Côte d'Azur and the border area with Switzerland) concentrated 50.7% of reservations and 47.2% of listings recorded in the fourth quarter. The other large urban areas with more than 250,000 inhabitants concentrated 40.4% of reservations and 39.4% of listings.