The real estate market has been kept stable with improvement in housing supply but inventory of apartments and detached houses increased across the country, according to a recent report from the Ministry of Construction.3There are currently 3,297 housing and urban area projects nationwide, encompassing 5.9 million units with a total investment of VND7.42 trillion (nearly $281.56 million).
Of the total, the commercial housing and urban area segment comprises 2,358 projects with a scale of 5.2 million units and a total investment of VND6.74 trillion (nearly $256 million). This includes 564 completed projects, 1,429 ongoing projects, and 365 projects that have received investment approval.
The social housing sector consists of 697 projects, totaling 645,000 units with an investment of VND590.9 billion (more than $22.4 million).
In terms of transaction prices, the Ministry of Construction noted that in recent years, the prices of housing, land plots, and various real estate types have shown an upward trend annually. Notably, the prices of apartments, townhouses, villas, and land plots for residential construction have seen the highest increases, averaging 10-15% per year, with some periods experiencing up to a 30% rise. This price surge significantly outpaces the average income growth, making it increasingly difficult for individuals to access housing and land.
The rising housing prices have contributed to a significant increase in the inventory of certain housing segments. Specifically, reports from 22 out of the total 34 cities and provinces to the Ministry of Construction indicated that the inventory of apartments and detached houses in the third quarter was equal to 137% compared to the second quarter of 2025. This includes 6,323 unsold apartments and 12,327 unsold detached houses.
In contrast, the inventory of land plots has decreased, with only 8,067 plots remaining, equivalent to 68.8% compared to the previous quarter.
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