Real estate market in 2024: Recovery, but not ‘heated’
Many analysts believe that Vietnam’s real estate market is witnessing positive factors and currently has sufficient sound information to begin a new cycle next year. The market will continue its recovery trend in the fourth quarter of this year and into next year, with clearly improved transaction results compared to previous quarters due to greater investor confidence and lower interest rates. The market’s recovery will certainly continue to be differentiated by segment and region because of varying absorption capacities. However, any recovery is unlikely to result in sudden growth in the short term because the market has gone through a long period of sustained difficulties.