Housing Prices Rise on Low Supply, Inflation Fears

Housing prices in Hanoi rose the most in five years, driven up by limited supply and the specter of inflation, VNExpress reported.

According to leading property consultancy CBRE, the average price of a new apartment increased by 13 per cent to US$1,655 per square meter, the report said, adding that in the secondary market, it was up 9 percent at $1,278.

Read the full report: VNExpress

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Tags: Affordable Housing

Sean O'Meara

Sean O'Meara is an Editor at Asia Financial. He has been a newspaper man for more than 30 years, working at local, regional and national titles in the UK as a writer, sub-editor, page designer and print editor. A football, cricket and rugby fan, he has a particular interest in sports finance.