Wednesday, December 3, 2008

Real estate market: the time of recovery remains unclear

However, 70% of experts said that they cannot say anything exactly about the moment of market recovery, adding that the market development depends on many factors which make it difficult to make forecasts.

The result of the survey has been released after VietRees considered the opinions of 33 leading real estate experts who are working for state management agencies, high ranking leaders of big real estate groups, and companies.

The survey aims to define the confidence by people in the potentials of market development in the future.

In fact, some experts still believed that the real estate market does not have any major problems, and that in the time to come, the market’s performance will depend on the stability of the financial market and the national economy.

Vietnam Real Estate News

Chao Vietnam Properties