Friday, February 6, 2009

Vietnam real estate market an unknown for 2009

Vietnam real estate market an unknown for 2009Global stock markets, according to analysts, are likely to be in for a difficult year in 2009. And Vietnam´s stock market is no different. However, there appears to be a consensus amongst leading Vietnam analysts that the recovery depends largely on government policy and action over 2009.

The real estate market, is also uncertain. VietNamNet Bridge recently reported that VietRees, a market surveyor, collected the opinions of 33 real estate experts, domestic and international.

70% of the experts said they were not certain about when the real estate market would recover. Only 12% of experts asserted that the market would recover by the end of 2009, while the remaining experts thought that the market would recover after 2009.

Vietnam Real Estate News

Chao Vietnam Properties