Saturday, April 18, 2009

Real estate prices go up and down in accordance with rumours

Real estate has become the investment channel favoured by many people, as the stock prices decreased continuously and the bank deposit interest rate proved to be unattractive.



People think that the real estate price has bottomed out, and it is now the right time to make investments. That explains why real estate centres these days receive a lot of visitors who come to learn more information and seek to buy land and houses. Meanwhile, the centres’ doors were silently shut for the whole day several months ago.



Nguyen Thi Hoa in Thanh Xuan district, who is seeking to buy some houses, related that right before Tet, when banks lowered the deposit interest rates, she withdrew money from the banks to purchase gold.

Vietnam Real Estate News

Chao Vietnam Properties