According to the French National Institute of Economics and Statistics announced on the 9th of the latest data, third quarter of last year the cost of new housing construction rose more than 10% of the costs within three years by nearly a quarter.
Data show that last year the third quarter of the French new housing construction cost index for 1594 than the same period in 2007 rose 10.46 percent, a record first quarter 1983 year-on-year quarterly increase since a new high. Last year, the first two quarters of the cost of housing construction had begun the rapid rise in the first, second quarter year-on-year respectively, up 8.09 percent and 8.85 percent.
French new housing costs rise in the current round began in the fourth quarter of 2005, after the construction cost of housing has maintained a moderate upward trend. The fourth quarter of 2005 after the housing construction costs began a rapid increase in the third quarter of last year with the third quarter of 2005 compared to housing costs rose 24.7 percent.
The above data come mainly from developers and construction companies. In new housing construction costs, not including property costs, sales costs and financing costs, which can be seen as the most primitive housing costs, housing prices have a certain point to the role of high and low.