Reported 10 months ago
On June 21, 2024, the Central Bank announced that in May, the five major banks in Taiwan had a new housing loan amount of NT$1162.35 billion, breaking the historical record once again. The interest rate for new housing loans was 2.187%, with the youth housing loan ratio breaking 40% for the first time in nearly 8 years. Factors such as increased working days, new home deliveries, strong export performance, and continued corporate investments have led to the surge in housing loan amounts and property transactions in the first five months of this year.
Source: YAHOO