The real estate market shows signs of improvement but inventory is still quite large (illustrative photo)

The Department of Construction has just issued a document reporting to the Ministry of Construction to announce information on housing and the real estate market in the third quarter of 2025. Accordingly, the real estate market in the third quarter of 2025 has generally shown signs of improvement. However, according to statistics based on data reported by units and investors, the number of land and housing transactions in existing residential areas and in real estate projects has not increased significantly compared to the first and second quarters. Specifically, in the third quarter, the inventory is still relatively large with the number of real estate projects eligible for transaction but unsold being 1,512 units, compared to 1,132 units in the second quarter, an increase of 380 units.

According to the Department of Construction, currently, some real estate projects in the city are still facing some difficulties in compensation and site clearance. Some projects are facing legal problems including determining land prices, calculating land use fees, land allocation procedures, land lease and granting land use right certificates, confirming eligibility to sell future housing and especially difficulties in capital sources.

In order to promptly propose solutions to resolve problems related to real estate projects, including projects using public investment capital and domestic private investment capital, the Prime Minister issued Decision No. 751/QD-TTg dated April 11, 2025 to establish a Steering Committee to resolve difficulties and problems for backlogged projects (Steering Committee 751).

In August 2025, the City People's Committee submitted a report reviewing and proposing solutions to remove difficulties and obstacles of backlogged projects in the area to Steering Committee 751. Accordingly, the City People's Committee proposed solutions to remove difficulties, obstacles and long-term backlogged projects in the area.

Then, in September 2025, the City People's Committee also issued a decision on the establishment of a Working Group to review and remove difficulties and obstacles for investment projects in the city. Accordingly, the Working Group is responsible for reviewing, clarifying, synthesizing, researching, and advising on solutions to remove difficulties related to investment projects according to specific groups of issues, determining the handling authority of relevant levels, and reporting to Steering Committee 751, Ministry of Finance .

News and photos: HA NGUYEN

Source: https://huengaynay.vn/kinh-te/xay-dung-giao-thong/luong-ton-kho-bat-dong-san-con-lon-158665.html