Reported about 1 year ago
According to a report by Taiwan's Housing Group and the Taiwan Center for Economic Development Studies at National Central University, the housing market is predicted to cool down in the next year. Although the market has been showing signs of being vibrant in the second half of this year, the indicators are gradually declining. Factors contributing to this trend include the significant rise in construction material stock indices, increased housing loan amounts from major banks, and land value-added taxes. The report also highlights the potential impact of government policies on the real estate market. While economic and industrial gains are anticipated due to factors like stock market performance and industry expansion, concerns over high house prices and cautious buying attitudes among the public remain. Various control measures have already been implemented by authorities to curb speculation in the housing market, and further governmental intervention may lead to unexpected fluctuations in market dynamics.
Source: YAHOO