Hottest Housing Market in 11 Years in First Half of the Year

Reported 12 months ago

According to the data released by the municipal land offices of the six major cities in Taiwan, there were 13.65 thousand property transactions in the first half of the year, marking a 28% year-on-year increase and reaching a new high in nearly 11 years. The market was driven by factors such as optimistic consumer confidence, the positive impact of government policies, and the peak period for new property transactions. Southern Taiwan showed particularly strong buying sentiment, with Tainan and Kaohsiung breaking historical records. The future market trends will depend on factors such as stock market performance and socio-political stability.

Source: YAHOO

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