This information was released by the Ministry of Construction in the recently updated report on the results of the implementation of the tasks of the quarter 1.2202, the key tasks of the second quarter and the last months of 2022.

The real estate  market recorded an upward trend in prices in many segments and regions. Photo: Danh Lam/VNA

In March, the Ministry of Construction conducted a survey, collected data, and determined the volatility of transaction prices of some types of real estate in the month and quarter of 1.2022 in 8 localities, namely Ho Chi Minh City. Hanoi, Ho Chi Minh City, Da Nang, Hai Phong, Binh Duong, Dong Nai, Khanh Hoa and Ba Ria - Vung Tau.

Accordingly, in March 2022, the average real estate transaction price of the whole market was in an uptrend. In which, some types of real estate in some localities increased in price quite high compared to the previous month.

According to the report, the price of rental properties in Ho Chi Minh City. Hanoi and Ho Chi Minh City increased slightly compared to February 2022. Particularly, the price of apartments for rent in Da Nang also increased compared to the previous month.

In the city. In Hanoi, apartments increased by 1.53%, individual houses increased by 2.24%, land for housing construction increased by 2.85%.

In Ho Chi Minh City, apartments increased 2.48%, individual houses increased 2%, land plots for housing construction increased 3.6%

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Before that, in February 2022, apartment prices between Hanoi and Ho Chi Minh City began to diverge after 12 consecutive "peak-breaking" quarters.

Assessing the "real estate market" quarter 1.2222, Ms. Nguyen Hoai An, Director of CBRE Hanoi, said that the real estate market attracts many investors, especially the segment of real estate attached to land.

The price level has not tended to cool down, especially in areas outside the center and some neighboring provinces.

With the apartment market, while the primary supply in the first quarter was limited, down 20-50% over the same period in Hanoi and Ho Chi Minh City, in the secondary market, apartment prices were in the mid-end segment. and above has increased by 7-9%.

According to Ms. An, this secondary price increase is higher than the average price increase over the past 5 years. This reflects the continued upward trend in real estate prices during the pandemic.

With residential real estate, Ms. An said that the new opening prices of some mid-range apartment projects located in urban areas far from the center continued to record higher price increases than before, now approaching. at the price of the high-end segment.

With the segment of real estate attached to land, the secondary price recorded in Q1.2022 was 20 - 30% higher than a year ago, especially in districts located outside the center, and districts in the periphery. Hanoi.