The real estate market is expected to gradually stabilize and shift towards positive changes, as 2024 could be the last year in the process of overcoming obstacles.
Foreign capital flows into Vietnam's real estate sector in 1H23 has decreased significantly compared to the same period last year.
Vietnam’s real estate market came in second for drawing foreign investment in 2022, which is said to bode well for the industry's future in 2023.
The recovery process may start from the third quarter of 2023 onwards.
Speculative investments are causing a waste of land resources and the growing number of vacant residential areas.
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