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Property Prices in Vietnam: Average Price of New Apartments, HCMH (2014=100)

Vietnam/HCMC

Source: Jones Lang LaSalle

House prices in HCMC, Vietnam, % change 1 yr

Nominal and inflation-adjusted ('real')

Vietnam/HCMC

Quarterly change in house prices, inflation-adjusted

 Q1Q2Q3Q4
20231.94%0.57%-2.79%-0.86%
20225.12%7.17%6.63%-8.37%
2021-1.22%3.54%4.09%1.85%
2020-15.42%6.29%-6.72%1.92%
201924.33%-1.64%2.1%35.73%
2018-1.29%0.13%-2.79%

This table shows the change in house prices during a single quarter, adjusted for inflation.

Adjusting house price rises (or declines) for inflation produces a more accurate picture of the change in value of housing than the usual nominal figures cited in the newspapers.