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Vietnam (HCMC) House Price Index: Average price, new apartments, USD per sqm
Vietnam/HCMC
Source: Jones Lang LaSalle
House prices in HCMC, Vietnam, % change 1 yr
Nominal and inflation-adjusted ('real')
Vietnam/HCMC
Source: Jones Lang LaSalle
Quarterly change in house prices, inflation-adjusted
Q1 | Q2 | Q3 | Q4 | |
2024 | 0.36% | -2.45% | -2.17% | |
2023 | 1.94% | 0.57% | -2.79% | -0.86% |
2022 | 5.12% | 7.17% | 6.63% | -8.37% |
2021 | -1.22% | 3.54% | 4.09% | 1.85% |
2020 | -15.42% | 6.29% | -6.72% | 1.92% |
2019 | 24.33% | -1.64% | 2.10% | 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.
Yearly change in house prices, nominal and inflation-adjusted
Year | Inflation Adjusted | Nominal Change |
2023 | -1.18% | 2.35% |
2022 | 10.07% | 15.08% |
2021 | 8.42% | 10.38% |
2020 | -14.52% | -14.33% |
2019 | 69.47% | 78.33% |
The yearly changes table looks at the last quarter's/month's index values for a given year and compares it with the same quarter/month of the previous year to gauge the change in house prices during that given year.