Housing sales recover from Ghost Month, flooding

WAVERING: The annual increase in transactions is tapering, despite the improvement last month, Evertrust Rehouse said, adding that the increase is unlikely to gain traction

Taipei Times
Date: Oct 02, 2018
By: Crystal Hsu  /  Staff reporter

The number of housing transactions in the six special municipalities last month totaled 17,173 units, a 2.5 percent increase from a month earlier as the property market emerged from Ghost Month and widespread flooding in the south.

The figure represented a 0.8 percent decline from the same period last year.

“The result is not bad,” Sinyi Realty Inc (信義房屋) researcher Tseng Ching-der (曾進德) said.

Taipei reported the fastest monthly increase of 11.9 percent to 2,179 units, as real-estate demand underpinned trading, Taipei City Government statistics showed.  [FULL  STORY]

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