2023-11-13 03:10:31
Cathay Real Estate recently released an index for the third quarter of this year, which showed that the 30-day sales rate of new cases nationwide in the third quarter was “flat”, with only 8.3% in July, 8.4% in August, and only 12.2% in September. The average new case opening was 30 Less than 10% will be sold within a day.
The sales rate is so poor, but the market price is still stable, and the transaction prices of new projects in New Taipei and Taoyuan are even rising.
Why is the sales rate so poor, but the industry doesn’t lower prices?Real estate scholar Zhang Dingxuan said that the reason is that Taiwanhousing marketThere are no real shorts.
He said that if the stock market is not good, if you are bearish on the stock market, you can borrow bonds to sell them.
However, in the real estate market, most people are bearish and cannot “borrow” a house to sell. The most they can do is “not buy it.”But it’s hard not to buy ithouse priceIf the price falls, unless the seller is sure that the buyer will not buy for a long time, he will wait and not lower the price.
Therefore, even if you enter a market that everyone is bearish on, the volume will only shrink but the price will not fall.
On the contrary, if a relatively large number of people in Taiwan are bullish on the housing market, buyers will buy and sellers will be reluctant to sell, and housing prices will soon skyrocket.
Zhang Dingxuan said that what can really make Taiwan’s real estate market fall is the occurrence of “more than more”, that is, the original bullish buyers intensively sell their inventory, causing other bullish buyers to follow suit.
This situation mostly occurs when the inventory of remaining houses in the market has become so large that it is difficult to circulate funds, or when people are desperate for subsequent purchases, for exampleTSMCnot coming.
As long as there are still people at the case site and as long as there are still topics that can be speculated on, it will be difficult for Taiwan’s real estate market to see a relatively large price downward revision. If you want to find a bargain, it’s more likely to go to the new existing housing market where housing is intensively handed over.Source/Cathay Real Estate Index
Sales are so bad, why don’t businesses lower prices?Scholars reveal there is no real short seller in Taiwan’s housing market
Cathay Real Estate recently released an index for the third quarter of this year, which showed that the 30-day sales rate of new cases nationwide in the third quarter was “flat”, with only 8.3% in July, 8.4% in August, and only 1…
2023-11-13 11:10
German subsidiary Fanxuan: Follow the customers
TSMC decided to invest and set up a factory in Germany, and high-tech industry factory and process system manufacturer Fanxuan also set up a subsidiary in Germany. Fanxuan said that it will set up a subsidiary in Germany, mainly to follow customers…
2023-11-13 11:45
CUHK and Hon Hai CubeSat Pearl successfully launched for space exploration
The CubeSat “Pearl” jointly developed by National Central University and Hon Hai Group was successfully launched on board SpaceX Falcon 9 in the early morning of November 12th. It will perform broadband communications for one year…
2023-11-13 11:41
The Ministry of Economic Affairs organizes the APEC International Symposium and joins hands with the Industrial Research Institute to promote battery material technology innovation
Under the guidance of the Industrial Technology Department of the Ministry of Economic Affairs, ITRI recently held an APEC themed seminar “Accelerating BCG (Bio-Circular-Green) Development-…
2023-11-13 10:45
Solutions, local services plus ASUS business computers regain market share in Taiwan
ASUS (2357) delivers another good news! According to statistics from market research agency IDC, in the third quarter of 2023, Asus business computers won the sales championship in Taiwan with a market share of 33.1%, among which…
2023-11-13 10:44
AUO “hands” protects Taiwan’s Blue Coast and adopts coastal security forest beaches
AUO (2409) Sustainability Foundation responded to AUO’s “First Year of Plastic Reduction” and “Biodiversity Policy” and held a conservation event at 1340 Houlong Waipu Fish Port, Miaoli last Saturday (11/11)…
2023-11-13 10:04
0 messages in total
When posting articles or placing tags, you must not make any remarks that are illegal or infringe upon the rights of others. Violators shall bear legal responsibility. For comments that are knowingly untrue or excessively emotional and abusive, if reported by netizens or discovered by this website, Lianhe News Network has the right to delete the article, suspend or terminate the membership. If you do not agree with the above rules, please do not post articles. For tags that are meaningless, irrelevant to this article, knowingly untrue, or abusive, Lianhe News Network reserves the right to delete tags, suspend or cancel membership. If you do not agree with the above regulations, please do not place tags. If the “nickname” involves swearing, swearing, or infringing on the rights of others, Lianhe News Network has the right to delete the article, suspend or cancel the membership. If you do not agree with the above rules, please do not post articles.
More
1699850720
#Sales #bad #dont #businesses #pricesScholars #reveal #Taiwans #real #estate #market #short #Technology #Industry #Industrial #Economics
