Housing prices are still climbing, the supply-demand imbalance has not improved.

Overview of the Workshop. Photo: Vu Quang

The report said that residential real estate is still the core segment of the market, receiving much attention. New project launches and sales activities are taking place vigorously nationwide, with the focus concentrated in the suburban areas of Hanoi and Ho Chi Minh City.

In the third quarter, the real estate market recorded about 34,686 new products, a slight decrease of 5% compared to the previous quarter.

Housing supply continues to improve in the direction of regional diversification, expanding from the urban core to satellite areas and secondary urban areas with abundant land funds and reasonable costs. The North contributed 49% of the supply of newly launched residential real estate in the third quarter, down 4 percentage points compared to the previous quarter, but still leading the country. The South contributed 27%, maintaining a positive growth momentum.

Despite the sharp increase in the number of newly launched projects, the total supply has not improved significantly due to the small scale of the projects. However, the proportion is expected to increase sharply in the coming quarter, when the launched projects are eligible for sale.

VARS IRE Deputy Director Pham Thi Mien commented that the imbalance between supply and demand has not improved, especially in big cities with high housing demand such as Hanoi and Ho Chi Minh City. Most newly launched projects have selling prices of over 100 million VND/m2.

In Hanoi, the average primary apartment price reached 95 million VND/m2, with more than 43% of new supply priced above 120 million VND/m2. In Ho Chi Minh City (old), the average primary price reached 91 million VND/m2.

Regarding the social housing segment, by the end of September 2025, the whole country had 692 social housing projects being implemented with a scale of 633,559 units. Of which, 165 projects were completed, with a scale of 110,436 units, reaching 25.8% of the phase 1 plan, an increase of 91.6% compared to the statistics at the end of 2024; 147 projects had started construction, 380 projects had been approved.

Mr. Le Dinh Chung, member of the VARS Market Research Working Group and General Director of SGO Homes, commented that the current housing and real estate market data information system is not complete, unified and updated promptly.

Specifically, there is no price data system. Planning data, information on projects eligible for sale of future housing... have not been fully disclosed and easily accessible. Real estate enterprises have not yet implemented the requirement to fully, honestly and accurately disclose information on real estate projects. At the same time, there is no legal basis and specific regulations on the authority and responsibility of enterprises in disclosing other information.

According to Mr. Chung, these things make the real estate market lack transparency, not only creating loopholes for some speculators, but also causing housing prices to increase, beyond the ability of home buyers.

Source: https://daibieunhandan.vn/gia-nha-van-leo-cao-lech-pha-cung-cau-chua-duoc-cai-thien-10390658.html