6,700 properties in Hanoi will be handed over in the first half of 2017

26/06/2017   Viewed: 777
Compared with the bottoming phase at the end of 2013, the value of real estate inventory in Hanoi has decreased by about 68%.
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The Real Estate and Housing Market Management Department (Ministry of Construction) reported that according to some real estate trading floors in Hanoi, only in June this market had 1,300 transactions into drain. Thus, in the first 6 months of 2017, about 6,700 real estate was bought - sold.

The majority of successful transactions are concentrated in the mid- and high-end segment. Projects with increased transaction volume and recent price rises are located in areas benefiting from the infrastructure of expanded and near-completed road projects.

As of June 20, the total value of real estate inventory in the city is about 5,429 billion. Compared to the first quarter of 2013, this figure dropped by 11.631 trillion dong, or 68% down. Compared with the end of 2016, this figure decreased 161 billion VND, equivalent to nearly 3%.

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