France Construction Market Overview
France's residential construction market is currently contracting, with housing starts of 295K in 2023 — 24% below the 10-year average of 389K.
The country's recorded peak was 460K units in 2021. Current activity is -36% below that peak.
Among the 21 OECD countries tracked, France ranks #5 by total housing starts. Year-over-year change is -23.0%, reflecting declining permits and reduced construction activity.
For contractors working in France: A contracting market may create opportunities to negotiate better material pricing or lock in subcontractor rates.