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Home insurance rates prompt concern after quake

Housing transactions in 6 major cities up 26% year-on-year in November

Housing transactions in 6 major cities up 26% year-on-year in November
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Central bank cuts 2023 GDP growth forecast, slaps property market controls

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.

Housing transactions in Taiwan s 6 biggest cities plunge 24% year-on-year

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.

Home buyers to pay NT$40,000 more annually after latest rate hike

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.

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