{"id":22894,"date":"2026-01-27T14:04:09","date_gmt":"2026-01-27T07:04:09","guid":{"rendered":"https:\/\/www.angelrealestate.co.th\/web\/?p=22894"},"modified":"2026-03-16T10:55:03","modified_gmt":"2026-03-16T03:55:03","slug":"why-resale-homes-are-emerging-as-a-core-pillar-of-the-property-market-amid-a-property-market-downturn","status":"publish","type":"post","link":"https:\/\/www.angelrealestate.co.th\/web\/why-resale-homes-are-emerging-as-a-core-pillar-of-the-property-market-amid-a-property-market-downturn\/","title":{"rendered":"Why Resale Homes Are Emerging as a Core Pillar of the Property Market Amid a Property Market Downturn"},"content":{"rendered":"\n
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NEWS & EVENTS<\/p>\n<\/div><\/div>\n\n\n\n

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Over the past year, Thailand\u2019s real estate market has faced mounting pressure from multiple fronts\u2014global economic slowdown, rising household debt, and stricter mortgage lending by financial institutions. These factors have significantly reduced consumers\u2019 ability to own a house.<\/p>\n\n\n\n

Yet, despite the broader property market facing a downturn, one segment has stood out: the resale housing market is growing strongly<\/strong>. This counter-cyclical trend has caught the attention of investors, homebuyers, and residents alike.<\/p>\n\n\n\n

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Resale homes\u2014properties that have been previously occupied or listed for sale\u2014are benefiting from several drivers. These include buyers\u2019 increased focus on value for money, demand for move-in-ready locations, and more affordable pricing compared with new homes.<\/p>\n\n\n\n

The following points help explain why the second-hand housing market is gaining momentum while new residential supply continues to slowdown.<\/p>\n\n\n\n

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Real Estate Market Conditions and Demand for Resale Homes<\/strong><\/p>\n\n\n\n

According to Thailand\u2019s Real Estate Information Center (REIC), more than 180,000 resale housing units<\/strong> were listed for sale nationwide in Q2 2025, with a combined value exceeding THB 750 billion<\/strong>. This represents growth in both volume and value year-on-year\u2014unit supply rose by 34.6%<\/strong>, while total value increased by 5.6%<\/strong>.<\/p>\n\n\n\n

These figures underscore strong market traction driven by expanding supply and growing demand from buyers seeking more cost-effective options. Single detached houses<\/strong> remain the most popular asset type in the resale home market.<\/p>\n\n\n\n

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Supply Pressure and Economic Constraints as Growth Drivers<\/strong><\/p>\n\n\n\n

Another key factor behind the rise of resale homes is the increase in distressed assets, particularly properties entering foreclosure and enforcement proceedings. Many individual homeowners are struggling to service their mortgages amid economic pressure, leading to a surge in properties re-entering the market.<\/p>\n\n\n\n

Data from the Legal Execution Department shows that foreclosed assets awaiting sale rose by over 210% year-on-year in Q2 2024<\/strong>, injecting significant supply into the resale market. This has further energized the segment, in contrast to the stagnation seen in new home sales.<\/p>\n\n\n\n