Latest News about real estate
Real estate in coastal central localities has proved its attractiveness to both investors and buyers thanks to the booming tourism industry.
The banking sector reported a credit growth of 7.33 percent in the first half of this year compared to the end of 2018, Governor of the State Bank of Vietnam (SBV) Le Minh Hung said.
The domestic real estate market in the second half of this year is not expected to witness significant changes in price due to stability in supply.
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).
Chinese investment capital in the first four months of 2019 alone amounted to 70 percent of the investment capital in the entire year 2018.
In an effort to become more attractive to investors and feature more modern infrastructure, Ho Chi Minh City is intensifying development of its urban real estate market.
The tightening of real estate credit may deal another blow to the real estate market, which is facing difficulties from all sides, experts say.