Property prices in Taiwan forecast to stabilize in 2018

Focus Taiwan
Date: 2017/07/08
By: Tsai Yi-chu and Frances Huang

Taipei, July 8 (CNA) Property prices in Taiwan are expected to stabilize in 2018 after an expected slight fall this year, according to U.S-based Standard & Poor’s Global Ratings.

After a 4 percent fall in 2015, Taiwan’s property prices have continued to fall but that is expected to be limited to 1 percent in 2016, S&P said.

Chou Yi-hua (周怡華), an analyst with Taiwan Ratings, a local partner of S&P, said that property prices in 2017 are expected to fall about 1 percent, which indicates that market order is set to return.

Chou said that Taiwan’s property market has been in consolidation mode from 2016-2017, ensuring prices should start stabilizing in 2018 and continue into 2019.    [FULL  STORY]

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