Faced with inflation, building a house is increasingly expensive for the Normans

In the corridors of the real estate fair, which from October 14 to 16 places her bags at the Caen exhibition center, Hélène, in her thirties, wanders around looking for information. With her partner, they would like to invest in a new home in the coming years“because we have a real sieve of energy and therefore we lose a lot of money in heating for example“But everything is expensive:”Property prices skyrocket, so you need to have a very specific profile to access bank loans, but we only have a permanent contract between the two of us“, He sighs.

Their dream would be to be able to build their own house, but since the covid crisis and the war in Ukraine, prices are inaccessible : “With the price of materials rising, we’re not sure which solution to approach … repair an old house or build one, but either way, I’m afraid our wages won’t hold up.“, believes Hélène,”so yeah, it’s a bit daunting.“

Fewer and fewer construction contracts

Result: real estate developers see fewer and fewer clients coming to build a house. “There are always people who want to build but in reality the more it goes, the more it becomes reserved for an elite, observed Gwenaëlle Boudard, salesman of the company Résidences caennaises, or the lucky ones who manage to find the right vein, the right ground. So we try to find solutions, but we honestly don’t really know where we’re going. “

Energy prices also have their effect on the construction of houses : “For example, to cook the tiles you need gas, there the gas increases, therefore also the price of the tiles, and it is the same for all raw materials“, remarked Clément Dauvin, technical sales representative of the construction company Maisons Tradibat. Real estate developers are focusing more on the extension of existing housing, a solution that is often simpler and often more convenient for customers.

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The real estate fair is open on Saturday 15 October from 10:00 to 19:00 and Sunday 16 October from 10:00 to 18:00 at the Caen exhibition center. Free admission.