Real estate transactions in the first 2 months decreased

by VTV27 March 2017 Last updated at 12:00 PM

VTV.vn - In the first two months of this year, real estate transactions have dropped sharply compared to the end of last year, according to a report by the Vietnam Real Estate Association.

In Hanoi and Ho Chi Minh City, trading volume in February was down by 35% compared to January.

Due to seasonal factors, people don't often buy or sell houses at the beginning of the year. Besides that, FDI into the real estate sector in the first 2 months of this year increased by 12 times compared to last year. The number of newly established enterprises is surging. This means the real estate market in 2017 will continue to remain stable. Most successful real estate transactions are in the middle and high-end apartment segments.

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