<?xml version="1.0" encoding="utf-8"?><feed xml:lang="fr-fr" xmlns="http://www.w3.org/2005/Atom"><title type="text">Trésor-Info - Publications de la direction générale du Trésor - Investissement-Immobilier-Residentiel</title><subtitle type="text">Flux de publication de la direction générale du Trésor - Investissement-Immobilier-Residentiel</subtitle><id>FluxArticlesTag-Investissement-Immobilier-Residentiel</id><rights type="text">Copyright 2026</rights><updated>2018-02-08T00:00:00+01:00</updated><logo>/favicon.png</logo><author><name>Direction générale du Trésor</name><uri>https://localhost/sitepublic/</uri><email>contact@dgtresor.gouv.fr</email></author><link rel="alternate" href="https://www.tresor.economie.gouv.fr/Flux/Atom/Articles/Tags/Investissement-Immobilier-Residentiel" /><entry><id>03838056-5d6e-453c-8eae-f34bb1cdecc8</id><title type="text">Infrastructures en Nouvelle-Zélande : un marché lointain mais un potentiel à saisir </title><summary type="text">Le nouveau gouvernement du Premier ministre, Mme Jacinda Ardern, a confirmé les ambitions de ce petit pays de 5 millions d’habitants en matière d’infrastructures. Si la capitale économique Auckland se trouve naturellement avec ses 1,4 million d’habitants au cœur de ce programme, l’ensemble du territoire est visé. Certaines annonces devront encore se concrétiser, notamment dans leur volet financement, mais les projets de mobilité urbaine semblent en très bonne voie</summary><updated>2018-02-08T00:00:00+01:00</updated><link rel="alternate" href="https://www.tresor.economie.gouv.fr/Articles/2018/02/08/infrastructures-en-nouvelle-zelande-un-marche-lointain-mais-un-potentiel-a-saisir" /><content type="html">&lt;p&gt;&lt;em&gt;Le nouveau gouvernement du Premier ministre, M&lt;sup&gt;me&lt;/sup&gt; Jacinda Ardern, a confirm&amp;eacute; les ambitions de ce petit pays de 5 millions d&amp;rsquo;habitants en mati&amp;egrave;re d&amp;rsquo;infrastructures. Si la capitale &amp;eacute;conomique Auckland se trouve naturellement avec ses 1,4 million d&amp;rsquo;habitants au c&amp;oelig;ur de ce programme, l&amp;rsquo;ensemble du territoire est vis&amp;eacute;. Certaines annonces devront encore se concr&amp;eacute;tiser, notamment dans leur volet financement, mais les projets de mobilit&amp;eacute; urbaine semblent en tr&amp;egrave;s bonne voie&lt;/em&gt;&lt;/p&gt;</content><thumbnail url="https://www.tresor.economie.gouv.fr/Articles/03838056-5d6e-453c-8eae-f34bb1cdecc8/images/visuel" xmlns="media" /></entry><entry><id>2ba51023-1d5f-4091-b69c-d219e6bed019</id><title type="text">Trésor-Economics No. 201 - Will the recovery in French residential investment last?</title><summary type="text">Residential investment by French households grew strongly from 2000 to 2007, before dropping sharply during the 2008-2009 crisis. After a brief rebound in 2010-2011, it returned to a downward trend. By 2015, it had fallen back to its early 2000s level. This negative performance explains a large share of the GDP growth gap between France and Germany from 2008 to 2015.The 2000-2007 expansion mainly reflected the rise in household income. Rising housing prices also fuelled home purchases, with home-buyers expecting capital gains. The steep fall in investment during the crisis was accompanied by a decline in housing prices amid high economic uncertainty and substantial job losses. The 2010-2011 rebound was linked to the improvement in these fundamentals and the support provided by the significant fall in interest rates, which eased the access to credit. The 2012-2015 decline was partly due to lower household income growth, while declining housing prices may have helped to keep potentia</summary><updated>2017-07-11T00:00:00+02:00</updated><link rel="alternate" href="https://www.tresor.economie.gouv.fr/Articles/2017/09/20/tresor-economics-will-the-recovery-in-french-residential-investment-last" /><content type="html">&lt;p&gt;Residential investment by&amp;nbsp;French households grew strongly from 2000 to 2007, before dropping sharply during the 2008-2009 crisis. After a brief rebound in 2010-2011, it returned to a downward trend. By 2015, it had fallen back to its early 2000s level. This negative performance explains a large share of the GDP growth gap between France and Germany from 2008 to 2015.&lt;/p&gt;
&lt;p&gt;The 2000-2007 expansion mainly reflected the rise in household income. Rising housing prices also fuelled home purchases, with home-buyers expecting capital gains. The steep fall in investment during the crisis was accompanied by a decline in housing prices amid high economic uncertainty and substantial job losses. The 2010-2011 rebound was linked to the improvement in these fundamentals and the support provided by the significant fall in interest rates, which eased the access to credit. The 2012-2015 decline was partly due to lower household income growth, while declining housing prices may have helped to keep potential investors on the sidelines.&lt;/p&gt;
&lt;p&gt;The regulatory framework and public policies to stimulate home-buying also influence investment decisions. In the short term, for example, measures to support housing demand trigger expectation effects.&lt;/p&gt;
&lt;p&gt;Household investment has regained momentum in France since mid-2015. The upturn is expected to continue in 2017 and 2018, given the positive trend in building permits and housing starts, rising housing prices and the improving macroeconomic environment.&lt;/p&gt;
&lt;p&gt;&amp;nbsp;&lt;img title="Tr&amp;eacute;sor-Economics 201" src="/Articles/2ba51023-1d5f-4091-b69c-d219e6bed019/images/6e6a6156-db02-429e-830c-e067eff0812a" alt="Tr&amp;eacute;sor-Economics 201" /&gt;&lt;/p&gt;</content><thumbnail url="https://www.tresor.economie.gouv.fr/Articles/2ba51023-1d5f-4091-b69c-d219e6bed019/images/visuel" xmlns="media" /></entry></feed>