Housing price index up 1.43% in Q3HEALTHY ECONOMY: Overall growth and low interest rates drove demand, the interior ministry said, one day after the legislature passed measures to curb speculationBy Chen Cheng-hui / Staff reporterThe nation’s housing price index in the third quarter of last year continued to increase, rising 1.43 percent from the second quarter to 106.89, the Ministry of the Interior said yesterday. Among the six special municipalities, the housing price index in Tainan reported the largest quarterly increase at 2.56 percent, followed by Taoyuan at 2.12 percent and Taichung at 2.05 percent, the ministry said in a statement on its Web site. The index grew 1.59 percent in Taipei, 1.21 percent in New Taipei City and 0.91 percent in Kaohsiung, ministry data showed. “Coupled with strong sales in certain regions, the overall housing price index increased, while the total of outstanding balances on housing loans also hit a new high of NT$7.81 trillion [US$273.96 billion] at the end of the third quarter,” it said. Compared with a year earlier, the housing price index grew 3.21 percent, data showed.

Source: Taipei Times December 31, 2020 15:56 UTC