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News Forum - Thailand’s real estate sector did not fully recover in 2022

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Thailand’s real estate sector did not fully recover in 2022 due mainly to the economic downturn along with a higher inflation and interest rates. The war in Ukraine has not helped. But while the recovery was not all it could have been, the outlook for 2023 is more hopeful. Thailand’s Consumer Confidence Index stands at 47.9, the highest in 20 years, so spending confidence is back. The Bank of Thailand’s loan relaxation is about to end, but has succeeded in encouraged customers with real demand to purchase property. And that demand is not in key tourism destinations. Bangkok is still […]

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