The popularity of the housing market has not faded away after the election. The housing market is not weak in the off-season in January | Housing market topics | Housing market

2024-01-31 07:37:56
2024-01-31 15:33 Economic Daily reporter Zhu Manning/Taipei Real Time Report

According to Xinyi Housing’s statistics on real estate transactions in all stores in Taiwan in January, the real estate market buying momentum continued to recover following the election. Even though the time is regarding to enter the Lunar New Year in February, the real estate market buying sentiment in January was not weak in the off-season, and the transaction volume was only slightly lower than in December. , the overall buying sentiment is stable, among which the transactions of self-occupied residences with a total price of 10 to 15 million yuan performed best.

Zeng Jingde, project manager of Xinyi Housing Real Estate Enterprise Research Office, said that January last year coincided with the Spring Festival, which was the slowest month for transactions. This year’s Lunar New Year falls in February. There are full working days in January, so the transaction volume has increased significantly. January is also the time when the presidential election has come to an end, and buyers cannot wait for house prices to turn back. Therefore, the buying sentiment of self-occupiers is still quite stable before the Lunar New Year, and they have not stopped waiting because the New Year is approaching.

Statistics show that the best performance of the real estate market in January was in the market with a total price of 10 to 15 million yuan. One out of every four transactions was in this price range, and the proportion increased from the previous month. The total price in Taipei was 2,000 to 2,500 yuan. Thousands of transactions were stable, while New Taipei City saw housing exchange purchases, with a total price of NT$20-25 million increasing. In Taoyuan City, 40% of transactions were between NT$10-15 million, and in Hsinchu, the total price was NT$15-20 million. The most transactions were in Taichung City, which also had the highest number of transactions between 10 and 15 million yuan, and the same situation was found in Kaohsiung.

Zeng Jingde pointed out that with the rise in housing prices, it has become more and more common to buy tens of millions of houses across Taiwan. Since the housing market was not deeply affected by the election before the election, buying orders following the election are still stable. It is expected that there will still be a wave of Indian summer in the housing market following the Lunar New Year. , the next step is to look at the performance of the primary market in the 329 period.

Housing Market Spring Festival Xinyi Housing

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