Focus Taiwan
Date: 2018/10/06
By: Pan Chih-yi and Frances Huang 

Taipei, Oct. 6 (CNA) Transactions of residential and commercial property in Taiwan’s six largest metropolitan areas staged a mild rebound in September as the impact of Ghost Month faded away, according to figures compiled by the six city governments.

There were 17,040 homes, offices and shops bought and sold in September in the six cities — Taipei, New Taipei, Taoyuan, Taichung, Tainan and Kaohsiung — up 2.5 percent from a month earlier, after a 15 percent month-on-month decline in August.

The steep decline in August was due to Ghost Month, the seventh month on the lunar calendar that lasted this year from Aug. 11 to Sept. 9.

Taiwanese consumers tend not to purchase big ticket items such as homes and cars during the month to avoid bad luck.    [FULL  STORY]