Immovable. Grenoble, Annecy… How much does a new home cost in your city?
Since the start of 2021, new single-family dwellings have enjoyed strong momentum, with the number of authorized permits approaching the peaks of the early 2010s.
A renewed interest in the individual house probably arose in reaction to the various episodes of confinement. The production of new collective housing, on the other hand, has still not recovered from the health crisis. At the end of March 2022, there were still 11,000 housing units short of the volume of apartments authorized in February 2020 (i.e. 233,700 collective housing units authorized over 12 rolling months).
Authorizations are struggling and the level of housing starts has stagnated for 11 months. Everything contributes to maintaining a limited supply of new apartments on the real estate market, which is putting pressure on selling prices. Findings drawn up by Le Laboratoire de l’Immobilier, a study service specializing in new real estate, which publishes the 6th edition of its barometer of real estate prices in new buildings in more than 100 cities in France * .
€5,250 per m² on average for a new apartment
In May 2021, the average price of a new apartment in municipalities with more than 45,000 inhabitants reached €4,900 per m². A year later, it stood at €5,250 per m², an increase of 7%.
“Last November, we had already noted a price increase of 5.7% over one year, underlines Kevin Brulin, in charge of studies at the Real Estate Laboratory. Difficulties in supply, an increase in the cost of materials and energy, the implementation of new environmental standards… Everything has won on the backing of new home prices. »
Paris, Lyon, Nice: the highest new prices
The prices of the municipalities in the top 15 established by Le Laboratoire de l’Immobilier fell by 6.1% on average, less than all the municipalities in the barometer. Households’ attraction to medium-sized towns therefore did not result in a fall in prices in the main regional cities, but in a slight slowdown in the rise.
A third of the top 15 exceeds the 6% increase. “From 5% per year, these price increases are still very significant,” says Kevin Brulin. Only the city of Toulon remains below 4%.
Paris is doing well in this ranking with the strongest increase in the top 15, i.e. +7.1%, and an average price close to €13,150 per m². Lyon and Nice still complete the same trio of cities at more than €6,000 per m², with €6,672 per m² and €6,296 per m² respectively.
Grenoble and Strasbourg: price increases in new buildings of almost 5%
In Strasbourg and Grenoble, respectively in 10th and 12th place in the classification of the Laboratoire de l’Immobilier, the price of new properties remains below €5,000 per m². However, they increased by 4.5% in Strasbourg (i.e. €4,807 per m²) and by 4.7% in Grenoble (i.e. €4,366 per m²).
Le Havre, the most affordable municipality in the top 15
At the end of the ranking, Le Havre remains the most affordable municipality at €3,633 per m², despite an increase of 5.7%. It is now the only town in the top 15 at less than €4,000 per m² since Reims is now approaching the €4,100 threshold.
Annecy, at the top of the most expensive provincial towns
Excluding regional cities, Annecy sits at the top of the ranking of the most expensive provincial municipalities with an average price of €7,027 per m², up 3.5%.
Next come the towns of Antibes (€6,722 per m²), Aix-en-Provence (€5,874 per m²), Villeurbanne (€5,775 per m²) and Cagnes-sur-Mer (€5,661 per m²), but with lower than average price increases, ranging between 4.5% and 5.9%.
Mulhouse, Metz, Besançon… prices on the rise but still accessible
Even the most accessible municipalities have seen their new building prices increase, even sharply, like Mulhouse (+ 6.8%; €3,582 per m²), Dijon (+ 6.5%; €4,112 per m² ), Nancy (+5.7%; €4,154 per m²), Metz (+5.5%; €3,771 per m²), Vénissieux (+4.5%; €4,214 per m²), Vaulx-en -Velin (+4.4%; €4,068 per m²), Besançon (+4.3%; €3,798 per m²); Colmar (+3.9%; €4,239 per m²) or Avignon (+2.7%; €3,776 per m²).
* Data are public prices including tax (excluding 5.5% VAT) for new collective housing programs (excluding service residences) recorded in French municipalities with more than 45,000 inhabitants. Prices include parking, except in Paris.