17-year low in March property sales

Focus Taiwan
Date: 2015/04/05
By: Wei Shu and Kuo Chung-han

Taipei, April 5 (CNA) Transactions of residential and commercial properties in Taiwan’s six 201504050015t0001major municipalities all fell in March amid government efforts to curb housing prices, according to statistics compiled by the Ministry of the Interior.

The March transaction number in Taipei, New Taipei, Taoyuan, Taichung, Tainan and Kaohsiung totaled 16,485, up by 37.3 percent from February but down by 21.1 percent from a year earlier, ministry tallies show.

New Taipei and Taoyuan in the north saw 3,815 and 2,846 units transfered for the month, respectively, a year-on-year decrease of 26 percent and 24 percent, which is a new low for New Taipei since 1999, when record-keeping began, and a new low for Taoyuan since 2009.     [FULL  STORY]

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