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Internet listings to spur market.
Byline: Wichit Chantanusornsiri
Jul. 1--A new Internet-based multiple listing service will be opened by the end of the year to collate second-hand home listings nationwide.
The service is one of several initiatives by the government to help spur development of the second-hand housing market.
Veerachai Veerametheekul, the vice-minister for the Finance Ministry, said other measures included special financing support for second-hand home buyers.
Legal reforms to support the market are also planned, with a new escrow law to soon be reviewed by the cabinet and amendments to an asset valuation law now under consideration by the Council of ...
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Source: HighBeam Research, Internet listings to spur market.