Vietnam real estate market outlook for second half of 2026

Experts say that Vietnam’s real estate prices are unlikely to fall sharply in the latter half of 2026 because the cost components that drive prices remain high. A surge of projects that have resolved legal obstacles and restarted construction is expected to improve supply, creating a more competitive environment.

The market will become increasingly segmented. Well‑located, legally clean, high‑quality developments are projected to maintain or even increase their values, while lower‑tier projects may need to lower margins, offer incentives, or extend payment terms to attract buyers. Apartment prices fell about 2 % in Q2 2026 to an average of 85 million VND per square metre, and high‑end units above 120 million VND per square metre showed slower absorption (about 53 %). Liquidity is being supported by longer sales periods, payment deferrals, interest subsidies and bank partnerships.

Overall, the outlook points to price stability rather than a broad decline, with a diversified supply base bolstered by public investment, infrastructure development and clearer legal frameworks.