Data released by the French Housing Ministry showed Tuesday that housing approval increased 21.3% in the three months to June compared to the same month of the previous year. The number of approval totaled 110,233. In the twelve months to June 2010, housing approvals were up 0.1% to 423,975.
Housing starts increased 2.5% in the three months to June to 79,801. In the 12-month period to June, 333,704 housing starts were recorded, down 10.8%.
The ministry granted 2.5% less permission for non-house constructions during April to June of this year and 11.8% fewer in the period from July 2009 to June 2010. Non-house building starts fell 15.8% in the three-month to April and 20.9% in the twelve-month to June 2010.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.