Vietnam’s Housing and Land Transactions Fall in Q3 as Social Housing Construction Accelerates
Vietnam recorded about 92,000 housing and land transactions in the third quarter of 2026, down about 8% from the previous quarter. The Ministry of Construction says 56% of the annual social and rental housing target has been completed and expects that figure to reach 85% by year-end. It will continue monitoring real estate market risks.
Data reported by localities across Vietnam show that commercial housing and land transactions totaled about 92,000 in the third quarter of 2026, down about 8% from the previous quarter and about 32.7% from a year earlier. Of those, 22,847 transactions involved apartments and detached houses, down about 14% quarter on quarter; land transactions totaled 69,157, down about 6%. Selling prices for apartments, villas and terraced houses also trended lower than in the second quarter.
On social housing, the Vietnamese government issued Resolution No. 303/NQ-CP on September 30, assigning localities a combined target of 899,857 social and rental housing units for 2026–2030, including 97,271 units in 2026. The Ministry of Construction says 954 social housing projects nationwide are currently at various stages of development, comprising 926,329 units with total investment of about VND 855.557 trillion.
The Ministry of Construction plans to advance eligible projects and develop affordable commercial housing, social housing and rental housing.（VietVance）
Ministry of Construction data show that 54,943 units, or 56%, of Vietnam’s 2026 social and rental housing target have been completed. This includes 45,915 social housing units for sale or rent-to-own and 9,028 rental units. The ministry estimates that a total of 82,574 units could be completed by year-end, reaching 85% of the annual target; these year-end figures remain projections.
For the rest of the year, the ministry will urge localities to advance their housing targets and coordinate with the Ministry of Finance, the State Bank of Vietnam and local governments to monitor the market using indicators including prices, transactions, inventory, credit, bonds and project progress. It also plans to submit an overview of the real estate market to the prime minister in November, assessing supply, transactions, prices and risks across market segments and regions.
The Ministry of Construction will continue monitoring real estate market trends and risks.（VietVance）
Source: VietVance
