Ghost month hampers real estate sales Business

Ghost month hampers real estate sales

The property market tends to stagnate in August, a normal thing for this time of the year as August coincides with the seventh lunar month, traditionally called the Ghost Month.
Business

Successful real estate transactions sees strong surge in Q1

The volume of successful real estate transactions in Hanoi and Ho Chi Minh City during the first quarter of 2015 increased nearly three times from the figures recorded in the same period of last year, hitting 4,250 and 3,950 transactions, respectively, according to statistics from the Ministry of Construction.
Real estate inventory drops 22.56 percent Business

Real estate inventory drops 22.56 percent

Real estate inventory was valued at over 73.1 trillion VND (3.43 billion USD) as of February 28, a 22.56 percent reduction or a 55.4 billion VND (2.6 billion USD) drop from the first quarter of 2013, according to the latest report released by the Ministry of Construction (MoC).