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Bangkok Post
Bangkok Post
Business

Price index hits high in final quarter

The price index soared for new single detached houses in Samut Prakan, Nonthaburi and Pathum Thani in the fourth quarter last year, hitting an all-time high after land prices in the three provinces increased in the previous quarter.

According to the Real Estate Information Center (REIC), the price index of new single detached houses available for sale in the three provinces rose by 7.6% to 134.6 in the fourth quarter of 2022 from 125.1 in the same period of 2021.

The index grew by 5.3% from 127.8 in the third quarter of 2022, while in Bangkok it tallied 123.6, a decrease of 0.6% year-on-year and a drop of 2.2% quarter-on-quarter.

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