Growth in property market for northern Taiwan remains sluggish, survey showsStaff writer, with CNAThe housing market in northern Taiwan remained sluggish last month, a survey released on Thursday last week by Chinese-language My Housing Monthly showed. Under My Housing Monthly’s color-coded system, “red” indicates overheating, “yellow-red” shows fast growth, “green” represents stable growth, “yellow-blue” signals sluggish growth and “blue” indicates contraction. The housing market in northern Taiwan remained sluggish last month, a survey released on Thursday last week by Chinese-language My Housing Monthly showed. Amid cautious sentiment among developers, new residential property listings in northern Taiwan totaled about NT$30 billion (US$1.06 billion) last month, down from about NT$50 billion in January, Ho said. The survey was conducted before the government unveiled its latest measures to rein in speculation in the property market.

Source: Taipei Times March 15, 2021 15:56 UTC