France’s new housing supply crisis persists in Q1 2021 - FPI

The first quarter of 2021 will not have seen the supply crisis that the French new housing sector is going through resolved, the developers association FPI’s (Fédération des promoteurs immobiliers ) reveals, despite the robustness of demand.

The economic situation of our customers suggests that they will be able to buy new property in the coming months, which reinforces our view that demand is still there," says Alexis Rouque, general delegate of the FPI. What we lack is supply. However, the sharp drop in building permits for multi-family housing means that the shortage of supply is not being reversed. "




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