Investor Presentaiton
French residential real estate market (1/2)
A structurally sound market...
STRUCTURAL DEMAND FOR HOUSING
Number of transactions for existing properties
(aggregated data on a 12-month basis, in thousands)
37 000
1300
1 100
900
700
500
2006
2007
2008
2009
2010
2011
32 000
2012
2013
2014
2015
2016
27 000
2017
2018
2019
2020
2021
250
240
230
220
210
200
Source: French Ministry of Finance, French Ministry of Housing, Notary data and La Banque Postale
2022
190
33%
2007
2008
32%
2009
2010
2011
2012
INVESTOR PRESENTATION - SEPTEMBER 2023
2013
Source: Observatoire Crédit Logement/CSA, La Banque Postale
32%
2014
31%
2015
2016
2017
31%
2018
2019
30%
2020
2021
021 2022 2023
30%
29%
01-20
07-20
Source: ACPR, La Banque Postale
01-21
SOUND HOME LOAN MARKET WITH PRUDENT LENDING CRITERIA AND LIMITED SUPPLY
Average maturity at inception for new home loans
(in months)
Number of new constructions launched
(3-month data aggregated, annualized - k)
Sales of newly built homes
(seasonally adjusted, quarterly)
22 000
17 000
2015
2016
2017
2018
Sales
2019
Debt-to-service to income
2020
Units on the market
2021
2022
2023
07-21
01-22
07-22
01-23
600
500
400
300
200
2000
2002
2004
2006
2008
Source: Ministry for the Ecological and Inclusive Transition, La Banque Postale
2010
2012
2014
2016
2018
2020
2022
37
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