Thai housing market recovers despite energy shock risks

Thailand housing transactions rose 11.2 percent in early 2026. Rising energy costs and high household debt are expected to weigh on the sector through the year.

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Thailand residential unit transfers rose 11.2% year-on-year in the first quarter of 2026 as government stimulus offset weak domestic purchasing power. Transaction value grew a lower 3.1% during the period, indicating a shift toward lower-priced homes. High household debt and rising energy costs now threaten to trigger a projected decline of 2.3% in total 2026 transfer value.

Stimulus Buffers Weakening Purchasing Power

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