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Real estate: in Orléans, new housing prices are skyrocketing

2021-10-14T08:03:56.481Z


The promoters draw a very positive balance sheet of sales in 2021. But with two caveats to the key, rising prices and authorizations of ur


In Orleans, housing does not know the crisis.

Sales in new buildings are doing well and "contrary to what some had thought, there was no drop in the number of sales of apartments after confinement", underline the real estate developers on the occasion of their balance sheet annual.

In the second quarter, there were 317 sales compared to 94 over the same period in 2020. “It is the attractiveness of the metropolis compared to the rest of the Loiret that explains this dynamism, more than an influx of buyers from Paris and Ile-de-France following the Covid ”, analyzes Olivier Henry, vice-president of the regional federation of real estate developers.

Demand is particularly strong among young people under 30, who are looking for one-bedroom and one-bedroom apartments, while larger stores have a little more trouble finding buyers.

A 6% jump in one year

However, this dynamism is pushing prices up.

They have increased by around 6% over the past year, and the increase has mostly been concentrated over the past six months.

Excluding parking, they are around 4,250 euros / square meter for Orleans, against an average of around 3,800 euros for the metropolitan area.

This surge in prices is also explained by the shortage of raw materials, which encourages developers to anticipate higher quotes.

“Construction represents 45% of the cost of a home,” explains Olivier Henry.

The developers finally point the finger at the downward trend in the issuance of building permits, despite a recent rebound, and the reduction in the number of dwellings authorized in certain ZACs, such as Groues or Val Ouest.

In Orléans, this is already reflected in tensions, even the risk of “shortages”, with a sharp reduction in the stock of new housing available.

Source: leparis

All news articles on 2021-10-14

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