Vietnam’s real estate market expected to stabilise this year

HANOI: The domestic real estate market is believed to have reached its bottom and is expected to roar back to life this year, thanks to a slew of measures taken by the government, ministries, agencies and localities.

Speaking at a conference on Scenarios for the Vietnam Real Estate Market in 2024 in Hanoi last Friday, Vietnam Association of Realtors (VARS) chairman Nguyen Van Dinh said 2023 was a difficult year for the real estate market.