Public Banks: Housing Market to Warm Up in Second Half of the Year, Maintaining High Levels Despite Three Major Factors

Reported 8 months ago

On June 21, 2024, the central bank implemented the sixth wave of selective credit controls, while the Executive Yuan cracked down on fake housing loan borrowers to dampen the housing market. Top officials in public banks analyzed that the wealth effect, inflation resistance, and housing replacement demand are three major reasons why the housing market will continue to heat up in the second half of the year. With various measures in place, the housing market performance in the second half of the year is a focus of media attention.

Source: YAHOO

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