Vietnam Housing Market to Witness Strong Spending Patterns
Backed by increasing migration and government support, the residential spending in Vietnam is anticipated to grow at a CAGR of about 6% during 2011-2013, says RNCOS.
- (1888PressRelease) November 22, 2011 - As per our new research report, "Vietnam Housing Forecast to 2013", Vietnam is one of the fastest emerging real-estate markets in the world. Factors, such as rapid urbanization, and increasing number of households over the past couple of years further raised investments in the Vietnamese housing market. Together with these factors and rise in the number of households shifting towards the urban areas, is expected to raise residential spending set to grow at a CAGR of about 6% during 2011-2013.
The report has provided a detailed analysis on the housing ownership in Vietnam according to which, around 47% of the population had permanent houses in 2009. This was a significant improvement over a decade ago. It is also shown that a significant proportion of permanent houses are self-owned and majority of the rest houses are either hired from government/private owners or collectively owned by a religious group and state-individual partnership.
The report, "Vietnam Housing Forecast to 2013", analyzes the overall Vietnam housing industry in an effective manner by providing a deep insight on the macro-economic scenario and supply-demand situation. The report covers comprehensive information on the regulatory environment in the country and discusses about the key initiatives taken by government in this area. Moreover, an in-depth analysis on the price affordability is also provided in this report for facilitating people with required knowledge while owning to purchase a house in Vietnam. In this way, the report depicts an actual picture of the housing market from the point-of-view of the customer.
The report is an outcome of an extensive research and prudent analysis on the Vietnam housing market, covering almost all the key aspects. It investigates the current market trends and analyzes their impact on the overall market. An exploratory research on two of the major housing hubs, i.e. Hanoi and Ho Chi Minh City in Vietnam has also been provided. Overall, the report is meant to be an optimum source of knowledge and statistics for clients interested for investments in Vietnam housing sector.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM257.htm
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