Reported about 1 year ago
Yeh Lingqi, the general manager of the Evertrust Real Estate Group, stated at the third-quarter real estate trend report that the real estate market is booming, not solely due to the new housing subsidy, but also influenced by economic growth, inflation, and ample funds. It is predicted a possible slowdown in the second half of the year, with total annual transfers expected to reach a new high of 360,000 units in 11 years. Statistics show a significant increase in pre-sale housing transactions compared to the same period last year, particularly noteworthy growth in Hsinchu County, Taichung, and Kaohsiung. The housing market is experiencing active trading and a significant upward trend in terms of quantity, following stable global economic recovery, abundant market funds, strong inflation expectations, and the new housing subsidy stimulating home purchases, leading to a vibrant real estate market in 2024.
Source: YAHOO