Improved housing supply to curb excessive housing price increases in Vietnam

In the coming period, the real estate market is expected to continue a clearly differentiated trend and gradually move toward a more stable trajectory. Improved housing supply is expected to help stabilize the market’s overall level and curb unreasonable price increases.

At a regular press briefing organized by the Ministry of Construction on the afternoon of April 9, 2026, Ms. Hoang Thu Hang, Deputy Director of the Housing and Real Estate Market Management Department, said that in Q1 2026 the country recorded about 115,650 successful real estate transactions. This equals 76.4% of Q4 2025 and 85.9% of the same period in 2025.

Transaction results in Q1 2026

Among the total, apartment and detached house transactions reached 25,663, equivalent to 67.8% of Q4 2025 and 76.4% of the same period in 2025. Land plot transactions totaled 89,987, equivalent to 79.3% of Q4 2025 and 89.1% of the same period in 2025.

Prices stable, market focus shifts to mid-income segment

Ms. Hoang Thu Hang said that property prices in localities are basically stable and remain high. Only a few localities saw prices increase slightly versus the previous quarter, including Hanoi, Ho Chi Minh City, and Khanh Hoa up 2%, while Da Nang and Dong Nai rose over 1%.

Forecasts for market developments in the coming months of 2026 indicate that when new regulations are implemented comprehensively and in practice, the real estate market will continue to show clear differentiation and gradually move onto a more stable trajectory. Improved supply is expected to stabilize the market, limit unreasonable price increases, and create more favorable conditions for people with real housing needs.

Regarding the market trend from now until the end of 2026, the Ministry of Construction forecast that demand will mainly focus on the mid-to-low income housing segment, reasonably priced apartments in major urban areas, and land plots in areas with synchronized infrastructure and stable population. Real estate brokerage activities are also expected to become more disciplined and professional due to tighter management and higher professional standards.

Ms. Hoang Thu Hang added that speculation and price-gouging behaviors will continue to be monitored and controlled to limit abnormal market fluctuations. Market information, planning, and policy are expected to become increasingly transparent and accessible. Screening will continue, with weak enterprises being eliminated, while those with clean land funds, full legal basis, and organized implementation will have opportunities to recover and grow.

Ministry of Construction: key tasks for the coming quarters

The Ministry’s report sets out six core tasks:

• Review and revise legal frameworks: Study difficulties and bottlenecks in implementing the 2023 Housing Law and the 2023 Real Estate Business Law, draft a revised Housing Law and revised Real Estate Business Law, report to the government, and submit to the National Assembly Standing Committee in September 2026.
• Drive implementation of the housing strategy: Continue urging localities to effectively implement the National Housing Development Strategy for 2021–2030 with a vision to 2045; develop housing in line with planning and real needs to avoid wasteful investment; link housing development with urban renovation and modernization; and study policies for affordable commercial housing.
• Accelerate social housing targets: Complete at least 1 million social housing units for low-income groups and workers in industrial zones by 2030; implement Decree No. 302/2025/ND-CP on the National Housing Fund; and complete the establishment of local housing funds.
• Improve transaction management transparency: Research and refine the model of a “State-established real estate and land rights trading center” to enhance management efficiency and increase transparency of real estate transactions.
• Build an integrated market information system: Complete the housing and real estate market information and data system and connect it with land, construction, planning, taxation, and finance data to ensure data is “true, sufficient, clean, live,” linked from central to local levels; increase transparency of market information; and continuously monitor and analyze market developments to implement regulatory and stabilization measures promptly.
• Remove project obstacles and strengthen enforcement: Review and remove difficulties for housing and real estate projects nationwide to unlock investment resources, contributing to GDP growth and social stability; strengthen inspection, supervision, and enforcement of housing and real estate laws and policies, and strictly address violations in real estate trading, brokerage, and intermediary activities.

The Ministry will also monitor developments in the Middle East and coordinate with relevant agencies to analyze impacts and propose countermeasures within its mandate, aiming to avoid interrupting service chains, production and business activities, and price stabilization in transportation, construction materials, and the real estate market, while ensuring project implementation progress.

Commercial housing and land supply in Q1 2026

According to the Q1 2026 report of the Ministry of Construction, commercial housing, land plots, and resort projects in Q1 2026 included:

• Approved investment policy: 51 projects with total investment of about 628.070 trillion dong.
• Under construction: 1,195 projects with about 564,388 units/plots, including 209,336 apartments in multi-family housing, 251,272 detached houses, and 103,780 plots of land for self-building by residents.
• Completed: 42 projects with about 7,871 units/plots, including 2,449 apartments, 3,309 detached houses, and 2,113 land plots transferred to residents for self-building.
• Sufficient conditions to sell future housing: 74 projects developing about 34,315 units, including 19,496 apartments and 14,819 detached houses (86.0% versus Q4 2025 and 125.4% versus the same period in 2025).

Social housing supply progress

On social housing supply, cumulatively to date, there are 737 projects under development with a total of 701,247 units. The number of projects that have completed, started, and approved investment to date is 70.1% of the target of 1 million social housing units.