Taipei Times
Date: Jul 05, 2018 
By: Crystal Hsu  /  Staff reporter

Real-estate transactions might slow down, despite a modest gain in the first half of the year, as demand alone is not enough to uphold the market, Cushman & Wakefield Taiwan said yesterday.

The total number of property deals this year might hover at about 260,000 units, behind last year’s 266,000, as buyers and sellers remain divided on property values, Cushman & Wakefield Taiwan general manager Billy Yen (顏炳立) said.

“Willful buyers who underpinned the market in previous few years want to cash out now … but they refuse to concede and drag out the drama,” Yen told a news conference.

It is not wise to ask for unreasonable prices, Yen said, adding that a lack of concessions has rendered transactions difficult, if not impossible.    [FULL  STORY]