Real estate market expected to recover during H2/2012.

By bne IntelliNews March 6, 2012
Vietnam's real estate market is expected to recover in some segments during the second half of this year. As reported by Asia Pulse, Vu Xuan Thien, deputy head of the department under the Ministry of Construction, forecasted that the market is likely to witness a recovery in low and medium-price apartments as well as villas and houses situated in the suburban regions at reasonable prices during the period. The existing challenges faced by the property market are expected to continue during the first half of this year owing to impacts of the policies on curbing inflation and macroeconomic stabilization.
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