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Taiwan: Housing market may see a mild recovery

Posted on 13 November 2012

Sinyi Realty Inc said it expected the housing market to start rebounding from this quarter, as the global economy gradually recovers and the public becomes more familiar with the government’s real-estate transaction price registration policy.
However, the nation’s only listed real-estate broker said the uptrend would be modest, as economic fundamentals remain fragile. “The housing market should have bottomed out in the third quarter,” Stanley Su , a manager at the broker’s market research department, told a quarterly conference with investors and analysts in Taipei………………………………………..Full Article: Source


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