Thailand now has a house price boom too
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Thai house prices are now rising at a faster pace, mainly fuelled by the country’s robust economic growth.
The Thai price index for single detached houses rose by 4.63% (1.48% inflation-adjusted) during the year to end-Q1 2013, the highest year-on-year increase since Q2 2009, based on figures released by the Bank of Thailand (BOT), the country’s central bank.
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