| Presale and new home transactions declined sharply in Greater Taipei last quarter, but prices climbed to new heights on the back of demand for an inflation hedge after speculators fled the market, a report released yesterday showed.
Land development and construction companies launched 11,586 units of presale and new homes worth about NT$199.6 billion (US$6.92 billion) during the second quarter in Greater Taipei, the quarterly survey by Cathay Real Estate Development Co and National Chengchi University’s Taiwan Real Estate Research Center found..............................................Full Article: Source
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