Quiet 2H in store for real estate
Batdongsan.com and real estate investment fund Rich Invest have both forecast that Vietnam’s real estate market will continue to be quiet during the second half of the year because of tightening credit to the sector. Mr. Nguyen Van Dinh, Chairman of the Vietnam Real Estate Brokers Association, said the market is going through a period of rebalancing. House prices will increase due to rising costs and liquidity will decline.