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Taipei housing market still flat amid global uncertainty

Posted on 12 October 2011

Housing transactions remained flat in Taipei City last month, staying near the trough they set during the global financial crisis in 2009, as the “luxury tax” and growing economic uncertainty continued to weigh on the market, analysts said yesterday.
The number of home transfers totaled 3,506 units last month, rising 0.49 percent from August at 3,489, but down 22.11 percent from the same period last year, according to data released by the city government yesterday……………………………………….Full Article: Source


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