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With higher interest rate, will housing prices down?

Nguyen Hoai An, Director of Professional Services at CBRE Vietnam, has shared her opinion about the influence of increased interest rate on the Vietnam real estate market. In accordance, increased interest rate and maintaining the rate onward will affect many different investment channels, including property investment, causing a rise of input costs, influencing property developers who take loans to develop projects. This will also affect home-buyers’ buying behavior, as people tend to wait for products to get cheaper first. When the demand is limited, it will make changes in supply.