The housing market in Hanoi has shown some signs of improvement in the first half of 2024. However, it still faces issues of limited supply and imbalance. The apartment segment has been especially tight in terms of new supply.
The tight monetary policy and the corporate bond and housing market crash in the second half of 2022 resulted in a cash crunch in the real estate market. However, capital has begun flowing back to the housing market. Capital flows back Data from the Ministry of Finance showed that corporate bond