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Land fever: speculators spread rumors to push prices up Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công
12/05/2021 15:03 GMT+7
Land prices recently soared by VND30-50 million per square meter in some places, but the number of successful transactions was modest.
The Ministry of Construction (MOC) recently released a bulletin about the first quarter real estate market based on local authorities and agencies’ reports.
The ministry said the basic indexes of the real estate market, including supply, number of transactions, investment capital, credit, and enterprises’ operations remained stable. Only the index about real estate prices showed heavy fluctuations.
Speculation pushes land prices up: Ministry of Construction Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công
26/02/2021 10:00 GMT+7
Real estate speculators have been exploiting urban expansion plans to push up prices beyond the real value, according to the Ministry of Construction (MOC).
Reviewing the 2020 real estate market, MOC said the prices of separate houses and land continued the upward trend from 2019. However, the increases varied in different localities and areas in the same localities.
The average price increase in provinces, cities and districts was just 3-5 percent. However, some market analysis units reported sharp price increases in some projects.