Real estate ‘warmed up’ on the online real estate market

Batdongsan’s first quarter report said that in the first 3 months of 2022, the real estate market has experienced growth in interest, reflected in the high number of users searching, in the context of inflation becoming a concern. investors’ concerns.

Since February, the interest of land-based properties and project land has increased sharply in many provinces and cities. In which, Lam Dong, Khanh Hoa and Da Nang are the 3 areas with the strongest increase, respectively 41%, 35% and 32%. The two big cities Ho Chi Minh City and Hanoi have increased interest in land assets by 18% and 8%, respectively.

Assessing the trend of increasing demand for information on land plots on online markets, Batdongsan said, due to concerns about price slippage and inflation when money is pumped into the market through economic stimulus packages and solutions. public investment bank, the need to accumulate assets attached to land as a safe haven channel will increase this year.

In addition, the land plot is a more affordable asset class compared to other land-based real estate such as townhouses, villas or shophouses, so it will attract capital flows of medium size or more. However, the phenomenon of hot ground land only occurs locally in some localities benefiting from planning and infrastructure.

This unit cited data from the General Statistics Office (Ministry of Planning and Investment) announced, on average, in the first two months of 2022, CPI increased by 1.68% over the same period last year, core inflation increased by 0 ,sixty seven%. The world political situation also affects production and business activities in Vietnam. Due to the impact of increasing prices of oil, precious metals and construction materials, real estate prices tend to increase in the first 3 months of the year and will continue to fluctuate in the coming time.

This unit confirmed, although real estate prices increased in the first quarter, market liquidity has not been commensurate with price fluctuations. Individual investors, especially investors using financial leverage, should note that when the anchor price is high, it may lead to difficulties in liquidity, so they should coordinate and manage the investment cash flow. in a more cautious direction.

Vu Le