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Taipei: Domestic housing market surges in spite of controls

Posted on 19 November 2010

From Taipeitimes.com: Growth in the domestic housing market accelerated faster last month than in September as excess liquidity and low interest rates more than offset concerns over the central bank’s selective credit control, a survey showed, citing transactions in Taipei, Taichung and Kaohsiung.
Residential real estate transfers reached 4,864 units in Taipei City last month, an increase of 8.1 percent from 4,501 units a month earlier, although that marked a 12.3 percent drop from the same period last year, according to Sinyi Reality Co, the nation’s only listed real estate brokerage……………………………………….Full Article: Source


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