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Housing supply may surge in second half

Housing supply may surge in second half

Market

As there is no sign of a real estate bubble in the first six months of 2019, the local property market, mainly in HCMC and Hanoi City, is expected to see a strong rise in home supply in the second half of the year, according to a report from the Vietnam Association of Realtors.

Ho Chi Minh City home supply plummets: HoREA

Ho Chi Minh City home supply plummets: HoREA

Market

The first six months of 2019 saw 24 housing projects being approved to proceed with the sale of a total of 7,310 apartments, which will be built in the future, down 24% year-on-year, VnEconomy news site reported, citing the HCMC Real Estate Association (HoREA).

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