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Light on the new-build market in Normandy

The city of Caen in Normandy (AdobeStock)
The city of Caen in Normandy (AdobeStock)
By La rédaction Business Immo
August 6, 2024 | 10:14 AM

Translated from French.

After 2023, a year marked by a very sharp slowdown in the Normandy new-build market (-35% in year-on-year sales starts), the situation seems to be clearing up, according to Grecam, which noted a recovery in new supply in H1 2024 (+39%), compared to H2 2023, and observed a level of sales comparable to H1 2023 (969 reservations) and even up on H2 2023 (+27%).

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