Property transactions fall in April despite boost in listings: poll

Focus Taiwan
Date: 2018/05/05
By: Wei Shu and Frances Huang

Taipei, May 5 (CNA) Transactions in Taiwan’s property market fell in April despite a rise in the listing of homes that are being built or are newly completed, according to a survey conducted by real estate magazine My Housing, indicating potential buyers were still taking a wait and see attitude.

The magazine said April was a traditional peak season for the local property market and it was no surprise that property developers were keen to launch homes in the month to boost buying interest.

The real estate magazine said that out of the six sub-factors in the housing index for April, the sub-indexes for the listing of pre-sale homes still being built and the listing of newly-completed homes rose to 7.99 and 6.11, respectively, up from 7.26 and 4.16 seen in March, boosting the entire index.    [FULL  STORY]