Building a house or buying a new home: the good idea in the face of the new rules concerning thermal strainers?
Yes, but there is a but.
This “but” is that the construction sector is struggling.
After the euphoria of the search for a post-lockdown house with a garden, home construction professionals and developers alike are facing rising energy costs, rising material prices, but also shortages. materials needed to build or even sometimes the lack of manpower.
Here is what to remember about the construction of housing that you would have missed in one of the Parisian real estate articles.
Shortage and rising prices in construction
If we talk about a social time bomb when we talk about the state of housing in France, it is not for nothing.
The new housing sector is struggling to restart and is stuck due to rising material costs.
Overall, buildings are more expensive because of the war in Ukraine on the one hand, but also because of the new environmental regulations RE2020 which, according to some professionals, should already alone drive up the prices of new real estate by 5 to 10%.
That was before we started talking about inflation... You can also follow the evolution of consumer prices on the INSEE website and see for yourself its evolution from nearly 3% over one year in January to more than 6% in October 2022.
As a result of all these increases and constraints, some construction sites are at a standstill, selling prices are rising and the number of sales is falling And if we talk about a social bomb, it is also due to the lack of housing, where they are however necessary, and of the flight of the real estate prices in these zones which become unaffordable with many purses.
Greener real estate: a social issue
However, the new sector and recent or renovated housing meet the new criteria in terms of energy performance, unlike the major energy renovation project for energy sieves, for which there is still a long way to go.
The stakes are therefore very high for developers and builders trying to have a better ecological impact under complex conditions.
The same is true for the renovation of housing, with quotes whose prices are exploding... Building, like renovating, is more and more expensive... and the climate emergency is real.
The recovery is long overdue, as the market balance is destabilized.
Do you have a real estate project to build or buy new?
Go around the banks to find out the loan conditions for this type of project.
Are you hesitating between several programs or promoters?
Check the labels and the ecological impact to decide for yourself as well as the reputation of the professional.
Do not hesitate to negotiate the ends of the programs, the personalization of the accommodation, or the payment of the notary fees (which are lower in the new than in the old and often offered by the promoters).
Finally, if there is never a good or bad time to sell or to buy, the main thing is to prepare your real estate project well.