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Why foreigners aren't buying houses in Vietnam

Why foreigners aren't buying houses in Vietnam

There's a wealth of expats and overseas Vietnamese interested in the real estate market, but red tape is putting them off.
Saigon apartment prices jump as licenses dry up

Saigon apartment prices jump as licenses dry up

Foreigners own 2 pct of Vietnam housing supply: report

Foreigners own 2 pct of Vietnam housing supply: report

Middle class buyers drive Vietnam’s housing market

Middle class buyers drive Vietnam’s housing market

Over 80 percent of new apartments in Vietnam’s major cities in recent years have been bought by the fast-growing middle class amidst rapid urbanization.
September 14, 2020 | 08:00 pm PT
Apartments for less than $50,000? Not in HCMC

Apartments for less than $50,000? Not in HCMC

Affordable apartments costing around VND1 billion ($43,000) are becoming a thing of the past in HCMC since construction costs have risen rapidly, industry insiders said.
September 24, 2020 | 05:04 pm PT
Tightening real estate loans can curb speculation, stabilize market: experts

Tightening real estate loans can curb speculation, stabilize market: experts

The tightening of real estate loans by commercial banks can curb speculation, help the market stabilize and avoid bubble bursts, some experts say, but others warn of downsides.
April 12, 2022 | 04:34 am PT
US mortgage rates rise to 6.29%, highest in 14 years

US mortgage rates rise to 6.29%, highest in 14 years

U.S. 30-year fixed-rate mortgages rose to 6.29% on Thursday, the highest level since 2008, according to Freddie Mac's mortgage market survey.
September 22, 2022 | 06:05 pm PT
VCCI against proposal to restrict apartment ownership term

VCCI against proposal to restrict apartment ownership term

The Vietnam Chamber of Commerce and Industry (VCCI) disagrees with the proposal to limit apartment ownership duration, saying it would interfere with people’s ownership rights.
October 22, 2022 | 09:47 pm PT
Housing liquidity in 2022 lowest in 5 years

Housing liquidity in 2022 lowest in 5 years

The number of house and apartment transactions in the north and the south in 2022 fell to the lowest level in 5 years, according to report by real estate agencies.
December 29, 2022 | 03:51 pm PT
HCMC townhouse, villa transactions fall to lowest in 5 years

HCMC townhouse, villa transactions fall to lowest in 5 years

In the fourth quarter of 2022, usually the peak season for the property market, townhouse and villa purchases in HCMC fell to their lowest rate in five years.
January 23, 2023 | 01:38 am PT
HCMC home price 32.5 times household income

HCMC home price 32.5 times household income

The median home price in Ho Chi Minh City is 32.5 times that of a local median annual household income, making it the second least affordable property market in Asia-Pacific, a report has found.
June 8, 2023 | 03:15 pm PT
Real estate liquidity falls in 6 months

Real estate liquidity falls in 6 months

The real estate market has so far this year seen weak liquidity due to various reasons, including low confidence of buyers, according to experts.
June 15, 2023 | 07:57 pm PT
US mortgage rates soar to highest in more than 23 years

US mortgage rates soar to highest in more than 23 years

The interest rate on the most popular U.S. home loan last week jumped to the highest since September 2000, marking its seventh straight weekly increase and driving mortgage applications to a 28-year low, a survey showed on Wednesday.
October 25, 2023 | 06:19 pm PT
Australia's tight rental market forces tenants to make tough choices

Australia's tight rental market forces tenants to make tough choices

Australia's red-hot rental housing market, supercharged by record migration and a chronic supply shortage, could be reaching a breaking point for affordability as tenants grapple with rising costs of living.
October 29, 2023 | 11:54 pm PT
China Evergrande granted final reprieve as winding-up hearing adjourned

China Evergrande granted final reprieve as winding-up hearing adjourned

A hearing on Monday to wind up China Evergrande Group was adjourned until Dec. 4, with a Hong Kong High Court judge giving the world's most indebted property developer one last chance to come up with a restructuring plan or face liquidation.
October 30, 2023 | 12:11 am PT
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