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Taiwan’s housing market sluggish on economic concerns

Posted on 07 November 2011

Taiwan’s housing market remained sluggish last month as new construction volume and value fell 20 percent and 40 percent respectively from September on deepening uncertainty as the presidential election draws near and the global economy falters, a report by the Chinese–language Housing Monthly showed last week.
The monthly report flashed a “yellow-blue” signal for home sales, indicating that the market is at risk of recession in the coming months………………………………………..Full Article: Source


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