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Bangkok Post
Bangkok Post
Business

Resale homes take larger market share

Second-hand homes have become more popular as purchasing power weakens. (Photo: Pattarapong Chatpattarasill)

Second-hand homes have become more popular among Thai homebuyers since the pandemic, with their share of both transaction volume and value increasing as new home transfers declined, reflecting weaker purchasing power amid a slowing economy.

According to the Real Estate Information Center (REIC), residential transfers nationwide totalled 72,583 units worth 187 billion baht in the first quarter of 2026, up 11.2% in volume and 3.1% in value year-on-year.

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