Despite rising inflation and downgrades to economic growth, housing demand this year is expected to remain unchanged as the country's reopening can help offset those deficits, according to the Real Estate Information Center (REIC).
Vichai Viratkapan, REIC director-general, said four indicators of housing demand continued to see double-digit growth in 2022, even though the GDP expansion outlook was cut to 3% on May 9 from 3.5% on Feb 9.
