housing market

Update news housing market

The Vietnam Real Estate Brokerage Association forecasts the housing real estate market in 2021 to have more optimistic developments due to the effective prevention of the COVID-19 pandemic and domestic economic recovery momentum.

Hanoi: Price gap between inner and surrounding areas falls

A recent survey by Savills found that gap of property prices are narrowing between urban and surrounding areas as more facilities are offered to compensate for outer locations.

HCM City condo market faces challenges in 2020: experts

The condo market in HCM City is expected to face challenges this year, according to industry experts.

Diverse markets of houses for rent

Tenants in need of renting a house, a flat or a room in HCMC now have more options from diverse types of houses and rents in different market segments.

 

Construction Ministry’s statistics on real estate inventories incorrect: HoREA

The Ministry of Construction's statistics on the total real estate inventory value is incorrect as the inventories of many property enterprises are not fully taken into account, according to the HCMC Real Estate Association (HoREA).

 

Less cash to flow into real estate

 VietNamNet Bridge – The Government will continue putting the brakes on credit growth in the heated real estate sector in the next 2-3 years.

Housing market recovery helps property firm shares

 VietNamNet Bridge – The revival of the housing market has had a positive impact on the prices of shares of property companies, according to the Vietinbank Securities Company.

Vietnam’s booming economy drives luxury home market

The housing market in Hanoi and Ho Chi Minh City is heating up as lower inventories, strong demand and a spill over from foreign buyers relocating to Vietnam as a consequence of the nation’s buoyant economy lifting property values.

Housing market has great appeal for foreigners after law changes

The real estate market, especially the high-end segment, has seen a revival and is likely to develop strongly from here thanks to the amendments to the Housing Law that permits foreigners and overseas Vietnamese to buy housing

Key laws to bring new momentum

 VietNamNet Bridge – Last year the Vietnamese government reviewed and implemented several new policies to bolster the economy, lawyers from LNT Law Firm writes.

BUSINESS IN BRIEF 10/10

WB: Vietnam economy grows beneath potential; VND24.5 trillion needed for Trung Luong-Can Tho expressway; Vietnam rice exports to rise by 6%: FAO; Russia rejects Vietnamese frozen basa fish; New decree reduces 88 tax payment hours

Money flows into southern realty

 VietNamNet Bridge – Large amounts of money are expected to be pumped into the southern housing market, especially in HCM City, which is recovering rapidly, according to analysts.

BUSINESS IN BRIEF 10/9

 Ministry announces banned trades; Real estate experts forecast further decline in housing market; Goods prices same as petrol falls; Food & beverage exhibit to open; Slow economic growth jeopardises annual goal

BUSINESS IN BRIEF 12/4

 Coffee export earnings to hit US$3 billion; Vietnam considers joining UN e-commerce convention; UK Bank supports Vietnamese coffee producer; Vietnam dressing up; HCM City’s EPZs, IPs fall short of workers  

BUSINESS IN BRIEF 23/10

 VN retail boosted by foreign support; Hi-tech urban complex to bridge border; Auto giants choose to steer clear of national motor show; Mobile users resent huge 3G fee hike

BUSINESS IN BRIEF 16/9

 Uncontrollable prices on baby formula challenge authorities; New strategies to make waves in housing market; Vietcombank lending rises 2.8% in August; Abbott destroys imported milk in Vietnam

U.S. economy picks up pace on housing revival, consumption

The real gross domestic product of the United States expanded at an annual rate of 2.5 percent in the second quarter this year, the best performance since the third quarter of last year, boosted by ongoing recovery of U.S. housing market

IMF expects U.S. economy to grow by 1.7 pct in 2013

 Growth of U.S. economy will remain tepid through 2013, before accelerating in 2014, said the International Monetary Fund (IMF) on Friday.

U.S. new home sales up 2.1 percent in May

The sales volume of new single-family houses in the United States rose in May to the highest level in about five years, evidence of the recovering property market, the U.S. Commerce Department reported Tuesday.

Housing market may revive

VietNamNet Bridge – The Government's new VND30 trillion bank loan package was providing positive signals to Viet Nam's gloomy real-estate market, said the director of the State Bank's credit department, Nguyen Viet Manh.