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Real estate in second quarter of 2021: Basically stable development

09:54 | 13/08/2021

(Construction) - On the basis of summarized reports of localities and related agencies, the Ministry of Construction announced information on housing and real estate market in the second quarter of 2021.

Real estate in second quarter of 2021: Basically stable development
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In the second quarter of 2021, real estate business remained stable in terms of both renting and occupancy rates. The average occupancy rate in the main industrial provinces and cities in the North (Hanoi, Bac Ninh, Hung Yen, Hai Duong and Hai Phong) was around 80%. If including neighbor provinces (Thai Nguyen, Vinh Phuc, Quang Ninh, Ha Nam, Nam Dinh, Ninh Binh, Bac Giang), the occupancy rate of industrial park projects was of 69%...

In order to promote its stable development, in the coming time, the Ministry of Construction will continue to study, review and amend the Housing Law, the Law on Real Estate, Decree 117/2015/ND-CP on construction, management and use of information systems on housing and real estate market; Research, submit, issue and well implement the National Housing Development Strategy to 2030 with a vision to 2040, balance the housing supply and demand, contributing to stabilize the real estate market.

By Khanh Phuong

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