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Domestic real estate market boom unlikely in 2023
Apartment buildings on Nguyen Huu Canh street, Binh Thanh district, Ho Chi Minh City. VNA Photo: Hồng Đạt
Apartment buildings in District 4, Ho Chi Minh City. VNA Photo: Hồng Đạt
The supply and demand in the real estate market in Ho Chi Minh City sharply drop in November 2022. VNA Photo: Hồng Đạt
VNA Photos
Domestic real estate market boom unlikely in 2023
12/16/2022 10:53
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TTXVN
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Vietnam's real estate market is unlikely to boom next year, according to experts. According to the latest forecast from the Finance–Economics–Real Estate Institute of Dat Xanh Services (FERI), the market supply will still be in severe shortage in the short term due to the continued tightening of real estate management. Meanwhile, social housing projects have yet to be implemented. With a cautious mentality, customers have turned to keeping money, leading to a frozen market. Moreover, the increase in interest rates of loans and limited credit "room" make it difficult for even genuine home buyers to access loans. VNA Photo: Hồng Đạt
Domestic real estate market boom unlikely in 2023
Vietnam's real estate market is unlikely to boom next year, according to experts. According to the latest forecast from the Finance–Economics–Real Estate Institute of Dat Xanh Services (FERI), the market supply will still be in severe shortage in the short term due to the continued tightening of real estate management. Meanwhile, social housing projects have yet to be implemented. With a cautious mentality, customers have turned to keeping money, leading to a frozen market. Moreover, the increase in interest rates of loans and limited credit "room" make it difficult for even genuine home buyers to access loans. VNA Photo: Hồng Đạt
Domestic real estate market boom unlikely in 2023
Vietnam's real estate market is unlikely to boom next year, according to experts. According to the latest forecast from the Finance–Economics–Real Estate Institute of Dat Xanh Services (FERI), the market supply will still be in severe shortage in the short term due to the continued tightening of real estate management. Meanwhile, social housing projects have yet to be implemented. With a cautious mentality, customers have turned to keeping money, leading to a frozen market. Moreover, the increase in interest rates of loans and limited credit "room" make it difficult for even genuine home buyers to access loans. VNA Photo: Hồng Đạt
Domestic real estate market boom unlikely in 2023
Vietnam's real estate market is unlikely to boom next year, according to experts. According to the latest forecast from the Finance–Economics–Real Estate Institute of Dat Xanh Services (FERI), the market supply will still be in severe shortage in the short term due to the continued tightening of real estate management. Meanwhile, social housing projects have yet to be implemented. With a cautious mentality, customers have turned to keeping money, leading to a frozen market. Moreover, the increase in interest rates of loans and limited credit "room" make it difficult for even genuine home buyers to access loans. VNA Photo: Hồng Đạt
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