Taiwan's efforts to smash the house price bubble intensify, causing sales to plummet
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Vowing to curb high real estate prices, government policies have caused house transaction volumes to plummet in Taiwan. Nevertheless, Taiwan’s Lutheran home price index rose by 12.6% (11.28% inflation-adjusted) during the year to end-Q1 2014, according to Sinyi Real Estate Planning and Research. House prices have risen continuously in Taiwan since 2009.
During the year to end-Q1, 2014:
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