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A total of 3,389 homes were foreclosed in the first 10 months of this year, down 20.3 percent year-on-year and the lowest number ever recorded for the period, as distressed properties dwindled due to excessive liquidity and low interest rates, analysts said yesterday. Great Home Realty Co (大家房屋) lead researcher Mandy Lang (郎美囡) said the results did not surprise her because Taiwan’s property market was resilient during the local COVID-19 outbreak, thanks to a healthy economy, low borrowing costs and ample liquidity. “Low interest rates help avert cash strain — the main reaso...

The number of housing transactions in Kaohsiung rose to a six-year high last month after Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) announced its plan to build a wafer fab in the southern city, data compiled by Taiwan’s six special municipalities showed on Wednesday. Transactions of homes and commercial real estate totaled 4,715 units, up 15.6 percent from a month earlier and up 26.1 percent from a year earlier, the data showed. The growth in Kaohsiung topped that of the other five municipalities. Lin Chia-fu (林家福), who heads a Kaohsiung outlet of Taiwan Reality Co (台�...

Home ownership in Taiwan’s six special municipalities picked up in the first three quarters, with further acceleration expected as sales untether from local COVID-19 restrictions and unfavorable policy measures, H&B Realty Co (住商不動產) said last week, citing government data. The broker attributed the uptrend to real demand, excessive liquidity and ultra-low interest rates. The ratio of home purchases to total households rose above 2 percent in Taipei, Taichung, Tainan and Kaohsiung, and more than 3 percent in Taoyuan and New Taipei City, H&B said. <strong>RECOVERY</s...

Property sales climb 9.9 percent from last month By Crystal Hsu / Staff reporter Housing transactions last month climbed 9.9 percent from April and 43.8 percent from a year earlier to 24,754 units in the nation’s six special municipalities, government data showed on Tuesday. Kaohsiung reported the largest monthly increase of 20.7 percent to 4,490 units, followed by Tainan with 17.5 percent to 2,517 units and Taichung with 11.4 percent to 4,303 units, it showed. Housing transactions in Taipei rose 10.6 percent to 2,999 units, while transactions in New Taipei City and Taoyuan rose 3.5 perc...

ADAMS - Every student in this year's graduating class at Adams-Friendship High School class has been accepted to Mid-State Technical College for the summer and fall 2021 semesters. The partnership between the Adams-Friendship School District and Mid-State is the first of its kind in the area. The effort advances 60 Forward, a new initiative in the state that aims to move Wisconsin toward a postsecondary education attainment rate of 60% by 2027. As older populations in Wisconsin begin to retire and high school graduation rates drop, the state is facing an urgent need for talent, accord...