AFTERSHOCK:The month, transactions fell 21.8 percent year-on-year in Taipei, while the volume of sales in Tainan plummeted 35.1 percent, Taiwan Realty said
Date: , Feb 29, 2016
By: Crystal Hsu / Staff reporter
Major real-estate brokers reported a sharp year-on-year decline in the number of property transactions this month, with Tainan seeing a more than 30 percent fall following the Feb. 6 earthquake.
The data came as little surprise because the Lunar New Year holiday shortened the number of working days, brokers said.
Taiwan Realty Co (台灣房屋) said transactions this month softened 20 percent year-on-year in seven cities and municipalities, with Tainan seeing the steepest fall of 35.1 percent, followed by Kaohsiung with 27.3 percent. [FULL STORY]