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《TAIPEI TIMES》 Housing transactions rise 28.3 percent - 焦點 ltn.com.tw - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ltn.com.tw Daily Mail and Mail on Sunday newspapers.
INFLATIONARY PRESSURE: Faced with rising consumer prices and higher interest rates, landlords have sought to pass on the extra financial burden to tenants, analysts saidBy Crystal Hsu / Staff reporter ....
The extra mortgage burden from the central bank on Thursday hiking the interest rate should be bearable and might help deter developers from increasing prices, brokers said yesterday. The 0.25 percentage point rate hike would lift the mortgage interest rate to 1.65 percent from 1.4 percent, adding NT$1,200 (US$42.31) of interest expense a month for people with NT$10 million of mortgage on a 20-year payment scheme, said Tseng Ching-der (增進德), research manager at Sinyi Realty Inc (信義房屋), the nation’s only listed broker. “The extra burden is about the cost of a bowl of braised pork rice each day, a sacrifice that is ....
Major real-estate brokers last month saw housing transactions decline by double-digit percentages from January as the week-long Lunar New Year holiday and bad weather dampened buying interest. Evertrust Rehouse Co (永慶房屋) reported a 24 percent slump in sales last month, when persistent rain kept people at home, and the Lunar New Year and 228 Memorial Day holidays cut working days, deputy research manager Chen Chin-ping (陳金萍) said. The fall also had to do with a spate of unfavorable policy measures to cool the property fever, Chen said. Property buyers are having more difficulty securing housing loans after the Financial Supervisory Commission raised risk ....