Taiwan housing market sees 19-month high in July transactions

Taiwan's real estate market showed robust activity in July, with transaction volumes in the six major cities soaring to a 19-month high. A total of 20,506 property transfers were recorded, marking a 12.0% increase from the previous month and surpassing the 20,000-unit threshold for the first time since January 2025.

This upswing is supported by a stable domestic economy, bolstered by strong exports in AI and technology sectors, which has maintained consumer confidence in employment and income. Chen Jin-ping, deputy manager of Yongqing Housing's research center, noted that the stock market's performance has also prompted some investors to shift capital into real estate, seeking a more stable asset amid inflation expectations.

New home completions in several metropolitan areas also contributed significantly to the rise in transaction numbers. Taipei, Taichung, and Kaohsiung saw increases of over 15% in July, with substantial growth in specific districts benefiting from new housing deliveries. This trend indicates a market recovery, with year-on-year transaction volumes showing a narrower decline compared to previous periods.

Looking ahead, analysts anticipate a positive trajectory for the second half of the year. Potential government policies aimed at boosting public infrastructure and regional development, coupled with the easing of buyer observation sentiment due to stable mortgage policies, are expected to further stimulate the market. The ongoing inflow of funds from the stock market and consistent demand from owner-occupiers are also projected to support market performance, suggesting a gradual improvement in overall transaction activity.