Residential property prices have a gloomy outlook this year but there are signs showing that recovery could happen by 2020, according to property tech firm Juwai IQI, reports Bangkok Post (1 April 2020). Juwai IQI executive chairman Georg Chmiel said the company tracked the evolution of expectations for prices, rentals and marketing activity trends. Prices are expected to decline by 2.4 per cent by end 2020 before jumping 5.6 per cent by the end of 2021, based on a survey of 196 Thai real estate agents between Feb 12 and March 2 this year.