Property prices in France are becoming more expensive and the impact of that trickles down to the construction of new homes. This is also due to the cut backs of government incentives and lowered interest rates, helping home buyers. Though 2016 and 2017 had peak growth rates for new construction, 2018 is set to have a noticeable decline. This can effect the 1 million workers employed in the industry although there will still be new construction, just at a slower pace.
Read more: French builders see 2018 slowdown for country’s construction sector