Seeing house prices soaring, many people planned to sell their old homes to profit, but unexpectedly found themselves unable to sell them as no one would buy them despite repeated attempts to do so.
Despite mortgage interest rates remaining low for over a year, paradoxically, not many people are choosing to borrow from banks to buy a house.
The excessively high prices of primary homes have forced many real estate agents to shift to the secondary market and seek more affordable properties in order to maintain their monthly income.
Apartment prices in the city center are currently rising too high, forcing many people to move to the suburbs to buy homes, but in reality, apartment prices in the suburbs are not cheap either.
According to experts, amidst the sharp increase in Hanoi's real estate prices and signs of a "speculative bubble," investing money requires careful consideration based on many factors.
Recently, the prices of villas and townhouses in Hanoi have also surged again due to the excessively high prices of apartments.
According to a report from the Ministry of Construction, apartment prices in some areas increased by 35-40% in the third quarter compared to the previous quarter.
Giá nhà Hà Nội quá cao khiến nhiều người không mua nổi, phải chấp nhận đi làm hàng trăm km một ngày để có được nơi an cư phù hợp với số tiền tích lũy ít ỏi.
In response to the recent unusually high increase in real estate prices, the Deputy Minister of Construction pointed out three reasons and proposed solutions to curb the situation in the future.
According to a market research report by Indochina Capital, the selling price of luxury apartments in Hanoi is expected to increase from now until the end of 2024.
According to OneHousing, houses in alleyways priced between 3-4 billion VND in the inner city are gradually disappearing as the average land price has exceeded 100 million VND/m2.
Housing prices in major cities are increasingly exceeding people's incomes, making the dream of owning a home more and more distant and difficult to realize for the poor.
House prices on central streets in Ho Chi Minh City range from 450 million VND to 1 billion VND per square meter, and some houses even reach 2 to 4 billion VND per square meter.
Some properties in District 1, Ho Chi Minh City, are being auctioned with average starting prices ranging from 340 to nearly 520 million VND/m2.
Experts predict that house prices are unlikely to fall in the short term, so now is a good time to buy a house if you have a genuine need for housing.
Recently, banks have been simultaneously putting up for sale and liquidation real estate, but they all share the same fate: sluggish sales despite significant price reductions.
What many investors are most interested in right now is, after a long period of stagnation, how will real estate prices behave in 2024?
Since 2015, the rate of increase in apartment prices in Hanoi and Ho Chi Minh City has outpaced the rate of increase in people's income, making this type of real estate increasingly expensive.
At the forum "Forecasting the Recovery Time of the Real Estate Market and Investment Recommendations," experts predicted the timing of the real estate market's recovery.
One of the reasons why many houses near cemeteries and burial grounds attract buyers is because they are significantly cheaper than the average market price.
Theo các chuyên gia bất động sản, thị trường đã qua đáy và chuẩn bị bước vào chu kỳ tăng giá mới.
Sau một thời gian tăng "nóng", giá nhà đất tại nhiều khu vực Hà Nội đã đi ngang và được coi là về mức hợp lý.
Despite a sharp decline in transactions, the primary market price of landed houses in Hanoi in the second quarter still recorded an 8% increase compared to the previous quarter, reaching nearly 195 million VND/m2.
Diện tích đất trong sổ đỏ là điều quan trọng nhất khi tiến hành mua bán, chuyển nhượng bất động sản, vì thế ai cũng nên biết cách tính diện tích.
Ho Chi Minh City's real estate market is notoriously expensive, but customers can still buy apartments for under 1 billion VND in Ho Chi Minh City if they are willing to search for suitable projects.
Thanks to its many outstanding advantages, the beautiful single-story villa design is currently one of the most popular designs in the housing construction market.
The single-story villa with a Thai-style roof is a suitable house design for construction in both rural and urban areas, offering full functionality.
Modern single-story garden villa designs are a popular choice for many families living in rural areas.
Mẫu biệt thự 1 tầng tân cổ điển ấn tượng bởi vẻ đẹp tinh tế và mang cảm giác gần gũi với thiên nhiên, đem đến không gian sống lý tưởng cho nhiều gia đình.
Modern two-story villa designs are a great option for large families with limited land space when building a home.
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