In 2026, the outlook is expected to improve further, and analysts do not foresee a return of widespread price surges. Dr Can Van Luc, Chief Economist at BIDV, said the market is moving from a phase of “technical recovery” to “structural stabilisation”.
Vietnam’s real estate market is undergoing a pivotal transition, shaped by three major structural changes – the administrative boundary mergers, the rollout of large-scale infrastructure projects, and the implementation of the amended Land Law 2025, which will take effect in early 2026.
Housing and real estate prices in several localities have surged continuously, beyond the affordability of most people. The problem is partly attributed to market information shortages, price gouging, limited supply of affordable commercial housing, and an insufficient number of social housing projects.
Vietnam’s real estate sector is increasingly attracting foreign investors through mergers and acquisitions (M&A), with cooperative and “friendly” deals emerging as the prevailing trend.
Housing demand is expected to continue recovering, supported by low mortgage rates ranging between 5.5 and 7.9% for the first one to three years. Looking further ahead, urbanisation projected to reach 50% by 2030 suggests significant long-term market potential.
In a report on the capital city's property market in Q2 2025 published on July 10, CBRE experts revealed that nearly 6,850 new apartment units were put on the market in Q2, almost doubling the supply from the first quarter.
The Ministry of Construction is reviewing and refining regulations on housing, social housing, real estate business, and urban planning in order to create a healthier and more sustainable property market.
Industry experts have pointed to Vietnam's economic recovery, a thriving office and residential market, and surging demand for industrial real estate as significant factors solidifying the country’s status as a prime investment destination in Southeast Asia.
If prices in the real estate market increase by more than 20% for three months, ministries and branches managing the property market have to propose measures to regulate the market.
The industrial real estate segment has emerged as a driver of the property market after sailing through the economic storm last year thanks to the foreign direct investment (FDI) influx, experts have said.
A representative of the Ministry of Natural Resources and Environment said the widening of the provisions allowing Overseas Vietnamese to own houses will increase the capital flow into the country and promote the utilisation of the land resources in a more effective way.
A total of 2.75 quadrillion VND (41 billion USD) went into the property market in 2023, according to the State Bank of Vietnam (SBV), an increase of 6.75% in comparison to last year.
Real estate has emerged as the biggest recipient of foreign direct investment (FDI) in January while foreigners now also have great demand for property in Vietnam, statistics show.
Prime Minister Pham Minh Chinh on December 17 issued an official dispatch asking relevant ministries, agencies and local authorities to take drastic solutions to ensure the safe, healthy and sustainable development of the property market.
Applying information technology in the real estate sector is a major trend, helping to easily connect parties in need with product and service providers, and changing the path of the Vietnamese property market, according to experts.
The government considers the property market an important pillar of the economy and measures are underway to address the sector's difficulties in recent years, said policymakers and industry insiders at a conference on credit policy in Hanoi on November 13.