Housing transactions in 6 major cities up 26% year-on-year in November focustaiwan.tw - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from focustaiwan.tw Daily Mail and Mail on Sunday newspapers.
Taipei, June 15 (CNA) The Central Bank of the Republic of China (Taiwan) said Thursday that it has lowered its forecast of Taiwan's gross domestic product (GDP) growth forecast to below 2 percent, citing a weak export performance, and has imposed more selective credit control on the property market to rein in property prices despite a pause to its rate hike cycle.
Taipei, April 8 (CNA) Transactions of residential and commercial property in Taiwan's six largest cities tumbled about 24 percent from a year earlier in the first quarter of this year, with analysts citing a rate hike cycle launched by the central bank and the government's measures to cool market speculation as the main reasons.
Taipei, March 23 (CNA) Home buyers in Taiwan with a 30-year home loan worth NT$10 million (US$326,797) will have to pay an additional NT$40,000 per year in interest after the country's central bank lifted its key interest rates by 12.5 basis points Thursday, according to a real-estate expert.