Taiwan Housing Market Barometer Stays in Recession Yellow-Blue Light in May; Focus on Central Bank Meeting Next Week
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The 'Zhudeng Wind Ball', which represents the presale housing market conditions in northern Taiwan, maintained a recessionary yellow-blue light in May. The score slightly improved to 36.5 points from 34.3 points in April. Zhudeng Magazine analyzed that the 520 sales period boosted project launches, but transaction performance remained weak. Whether the housing market can recover depends on the central bank's board meeting next week.