Find stats on top websites
Industry Landscape
The French real estate market, particularly for new builds, is dynamic. While interest rates have risen, impacting affordability, demand for housing remains strong, especially in urban centers and desirable regions like Occitanie. Government incentives and ecological considerations continue to shape construction and buyer preferences, pushing for more sustainable properties. Digitalization is also transforming how properties are marketed and sold.
Total Assets Under Management (AUM)
Number of Real Estate Transactions in France
~Around 900,000 to 1,000,000 residential property transactions annually (as of late 2023/early 2024, subject to market fluctuations).
(-20% (estimated for 2023-2024) CAGR)
- Recent decline due to rising interest rates.
- Impact on buyer affordability and credit access.
- New build segment more resilient but still affected.
Total Addressable Market
250 billion USD
Market Growth Stage
Pace of Market Growth
Emerging Technologies
AI-Powered Property Valuation
Utilizing artificial intelligence and machine learning to provide highly accurate and real-time property valuations, considering various market dynamics and property attributes.
Virtual Reality (VR) & Augmented Reality (AR) Tours
Enabling immersive virtual property tours and augmented reality visualizations of properties, allowing potential buyers to explore spaces remotely and visualize modifications.
Blockchain for Property Transactions
Employing blockchain technology to create secure, transparent, and immutable records of property ownership and transactions, streamlining processes and reducing fraud.
Impactful Policy Frameworks
Loi Climat et Résilience (2021)
The 'Climate and Resilience Law' (2021) introduced stricter energy performance diagnostics (DPE) and mandates for energy renovation of housing, with a progressive ban on renting out energy-inefficient properties.
This policy directly impacts property valuations, rental market dynamics, and construction standards for new builds, pushing for more sustainable and energy-efficient properties.
Durcissement des conditions d'octroi de crédits immobiliers par le HCSF (2022)
The Haut Conseil de Stabilité Financière (HCSF) has tightened conditions for mortgage lending, including a maximum debt-to-income ratio of 35% and a loan duration limit of 25 years (or 27 years for new builds under certain conditions).
This policy directly affects buyer affordability and access to credit, contributing to the recent decline in residential property transactions.
Dispositif Pinel+ (2023)
The Pinel+ scheme (2023) continues the tax reduction incentive for rental property investment but with stricter conditions regarding energy performance and comfort standards for eligible new builds, while the original Pinel scheme phases out.
This policy influences investor demand for new build properties, driving developers and agencies to focus on highly energy-efficient and well-located projects to qualify for tax benefits.
Transform Your Ideas into Action in Minutes with WaxWing
Sign up now and unleash the power of AI for your business growth
