Report
France: crisis in the real estate sector
Economic confidence continued to decline in France after the summer, both among businesses and households. The interest rate shock continues to spread through the real economy. The impact is greatest in the construction sector. The deterioration in demand conditions (prices, rates, credit) is added to supply constraints (supply costs, regulations). Households' purchasing capacity is collapsing, leading to a fall in sales. Housing starts are at their lowest level since the 1990s. ...
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Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Bruno Cavalier
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