I've been looking for the perfect home for a while.But after a few years of waiting, I finally found it.I knew I wanted a two-bedroom, two-bathroom home, with an attached garage, that was located near the river.I also knew I needed a backyard.So I put down my deposit, and in December of 2015, I walked into the Realtor's office in the River Oaks section of San Francisco.He was so happy to see me.I ...
I love living in Vietnam, but it has one serious downside.
It’s not as cheap as it could be.
It is also a real estate market that is still in the early stages of its recovery from the 2016 pandemic.
A new report from real estate firm RealtyTrac, however, suggests that Vietnamese house prices are rising faster than they were during the last pandemic, even as house prices have remained relatively stable for the past decade.
The median price of a Vietnamese house was US$2.85 million last year, up from US$1.3 million in 2016.
That’s a 40% increase in three years.
The report also shows that house prices in Vietnam are increasing faster than in any other Asian country.
While US$3.7 million was the median price in the Philippines in 2016, it was up by 40% from US $1.6 million in 2014.
It’s not a perfect picture for the Vietnamese, but the country has managed to overcome some of the challenges posed by the pandemic in the past.
According to the country’s real estate agent association, a house was sold for US$30 million in 2018, up 50% from the year before.
But, there is still a long way to go before it reaches the median level of US$100,000, which is a record for the country.
Vietnam also has a long history of corruption and a reputation as a haven for organized crime.
This has led to high house prices.
The number of houses for sale in the country increased by 25% in the first quarter of 2019, according to Realty Trac.
House prices are expected to continue rising in 2019 as more people move to Vietnam.
The average house price in Vietnam is currently US$6.8 million.
This article was written by Nick Gwynne, a research associate at RealtyTrac.