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Taiwan: Housing transactions take hit on stock market, politics

Posted on 07 September 2011

Taiwan’s major housing brokers saw their transactions shrink by double digits last month from a month earlier after stock market turmoil and unfavorable political rhetoric sapped confidence.
Home trading at H&B Realty Co, the nation’s largest real-estate broker by number of franchises, declined 13 percent last month from July, when the market showed signs of recovery from the implementation of a special sales levy known as the luxury tax, head researcher Jessica Hsu said……………………………………….Full Article: Source


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