The buyer waits and sees, and the housing delivery volume cannot hold up. The Bureau of Land Affairs of each metropolitan city announced today (6) the number of transferred buildings in March and the first quarter, and the four metropolitan areas have shrunk by 20%. Among them, Taoyuan City only had 8,190 buildings in the first quarter of this year, which is similar to the transfer of more than 10,000 buildings last year. The ratio fell sharply by 27.8%, the most severe recession among the four capitals.
According to statistics, this year, including Taoyuan City, Taichung City, Tainan City and Kaohsiung City, the number of transferred buildings in March has dropped by more than 10% compared with the same period last year. Compared with the quarter, the contraction is regarding 20%. Among them, there were only 8,190 buildings in Taoyuan City in the first quarter of this year, a sharp drop of 27.8% compared with the transfer of more than 10,000 buildings last year. In addition, the annual declines in Taichung City and Kaohsiung City were also more than 22% in the first quarter.
According to Lang Meinan, director of our housing planning and research office, most buyers have been on the sidelines for a year since last year. After the amendment to the Law on Average Land Rights was passed this year, the Ministry of the Interior stated that restrictions on pre-sales and resales will not be retrospective, and buyers will not be able to wait for the wave of selling. In March, the willingness to enter the market increased slightly, but this year’s Spring Festival is long, the working days in the first quarter are short, and the market lacks good news to stimulate buyers. In addition, whether the central bank’s interest rate hike will affect the nerves of the real estate market, the transaction is weak, so this year’s second In the first quarter, the number of transferred buildings was low.
The amount of handed over housing cannot be sustained, and Taoyuan City has experienced a sharp drop
Even though transactions picked up in some areas in March this year, they still mightn’t turn the tide. Taoyuan City transferred 767 buildings in Taoyuan District and 638 buildings in Guishan District in March. However, the transfer volume in the first two months was too low, indicating that the buying momentum in the first quarter was not good. Taoyuan, Taichung, and Kaohsiung had more than 10,000 buildings bought and sold in the first quarter of last year, but in the first quarter of this year, Taoyuan 8,190, There are 9,870 buildings in Taichung and 8,025 buildings in Kaohsiung. They can’t go back to the Wandong mark, with annual decreases of 27.8%, 22.5%, and 22.3% respectively. Although the annual decrease in Tainan City in the first quarter was less than 20%, there were only 4,932 buildings in the first quarter of this year. .
Lang Meinan pointed out that from the perspective of the number of transferred buildings in various administrative districts, the number of new housing transactions in hot spots in the past few years has been injected, but the volume is not large. For example, there were 1,296 buildings in Beitun District of Taichung City in the first quarter, accounting for 13.1% of the total number of Taichung City. %, but the number of transferred buildings in Xitun District and Nantun District in March was lower than that in February. In Taoyuan City, Taoyuan District, Zhongli District, and Guishan District had the largest number of transferred buildings in March, but it can be seen on the single month of last year. Compared with the 800 buildings, it is still a low point, which also shows that the housing prices have not experienced regional loosening. Buyers prolong the hesitation period, and the transaction volume is hard to see.
Policies affect decision-making, buyers and sellers run in
Xu Jiaxin, executive director of the real estate planning and research office of Zhushang Real Estate, said that the state of the housing market this year is that prices will not drop and volume will not come, especially following the central bank raised interest rates last year, the mortgage interest rate of some ethnic groups has broken 2%, the purchasing power of buyers has been compressed, and the government is speculating The attitude of the house remains unchanged, which makes buyers look forward to price corrections, making it difficult to break through the transaction.
further reading
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Ye Yiru, Special Correspondent of Yahoo Finance: 22 years of experience in financial mainstream media, from the bubble of Web1.0 in 2000 to Web3.0 of the Meta universe, witnessed the history of the rise and fall of large and small business groups in Taiwan, and experienced five international financial crises. Think that finance is life, omnipresent, no matter how difficult financial management knowledge should be explained in a simple way. No matter you are young or old, you should manage money. If you don’t manage money, money will ignore you.
