Commercial property prices in the euro area declined in 2023, following a long period of growth since 2011. In the second quarter of 2023, the index value stood at ******, meaning that prices had increased by almost ** percent since 2011 - the index baseline year. At its peak in the second quarter of 2022, the index amounted to ****** percent.

France Manufactured Homes Market size was valued at USD 3 Billion in the year 2024, and it is expected to reach USD 4.27 Billion in 2032, at a CAGR of 4.5% over the forecast period of 2026 to 2032.

Key Market Drivers:

Housing Affordability Crisis: France faces significant housing affordability challenges, particularly in cities. Manufactured homes offer an affordable alternative to traditional housing. According to Eurostat, housing prices in France increased by about 25% between 2015 and 2023, while wages grew by only 10%. According to the French National Institute for Statistics and Economic Studies (INSEE), over 40% of French households in major cities spend more than one-third of their income on housing. Manufactured homes are typically priced 20-30% lower than traditional construction, making them attractive options.

Rural Revitalization Initiatives: Government programs to revitalize rural areas are providing opportunities for manufactured housing solutions.

France was the country with the highest number of construction starts of homes in 2023, followed by Germany, Poland, and the United Kingdom. There were at least ******* housing construction projects starting and a similar number of projects being completed that year. Meanwhile, Bosnia and Herzegovina had less than ***** construction completions, and Hungary had ****** home completions in 2023. A hiccup in residential construction in Poland Not only was Poland amongst the countries with the most homes built on overall terms, but, along with Ireland, it also had the most housing completions per capita in Europe. That was despite the number of housing units completed in Poland declining significantly in 2023. Nevertheless, the trend in residential construction has been very positive in the past years, rising from under ******* in 2014 to slightly under ******* in 2022.

France’s capital region had the busiest residential construction segment France had one of the largest construction sectors in Europe.Although the construction starts of residential and commercial buildings in France decreased in 2023, they still covered nearly ** million square meters. Most of that corresponded to housing. However, that activity was unevenly distributed across the country. The revenue of the building construction and renovation industry in Île-de-France was nearly twice higher than that of the second region in the ranking.