PUBLISHED : 5 Jul 2024 at 04: 52 Miniature home designs on displayscreen at a home fair. (Photo: Varuth Hirunyatheb) Thailand’s property market index in the veryfirst quarter of 2024 dropped for the 6th successive quarter, plunging to a low point post-pandemic as GDP development slowed to 1.5%. Vichai Viratkapan, acting director-general of the Real Estate Information Center (REIC), stated the index was 79.6, down 2.8% from 81.9 in the 4th quarter of 2023, and dipping 15.4% from 94.1 in the veryfirst quarter of2023 “The secret aspect was slowing financial development in the veryfirst quarter, which was just 1.5%,” he stated.
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