Soaring costs weigh on new homes

by time news

ANALYSIS – In just over a year, their price has risen by an average of 15%.

Will the dream shared by thousands of French people of becoming the owner of a new detached house with its garden soon become inaccessible? Over the months, builders, who have built projects with their clients that come out of the ground between 18 and 24 months after the signing of the contract, see their costs soar.

The prices of steel and aluminum frames, tiles, bricks, tiling, glass, etc., whose production is energy-intensive, have soared. In addition to these cost increases, shortages have lengthened the duration of construction sites. Clay roof tiles have become a rare commodity. Some factories preferred to stop production rather than manufacture at a loss because of rising gas prices. Other supplies are missing, such as wire mesh that came from Ukraine or Russia.

Heavy late penalties

Manufacturers have generally passed on these increases. In just over a year, the price of new homes has risen by an average of 15%. “We…

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