In the third quarter, the number of building transactions in the six cities was 54,000, an annual increase of 5%, with Kaohsiung recording the strongest annual increase of 19%, and Taipei an annual increase of 12%. In September alone, there were 17,900 buildings, a monthly increase of 14%, and an annual increase of 12%. The real estate market is showing signs of slowly bottoming out and recovering.
According to the latest building transfer data released by Liudu, the number of transferred buildings in Liudu in September was 17,900, a monthly increase of 14% and a year-on-year increase of 12%, reflecting that the buying momentum this year is better than the same period last year. At the same time, the 54,000 buildings transferred in the third quarter of Liudu were also better than the 52,000 units in the same period last year. The housing market is showing signs of slowly bottoming out and recovering.
Zeng Jingde, project manager of Xinyi Housing Real Estate Enterprise Research Office, said that although the number of transferred units in the third quarter has not yet reflected the central bank's relaxation of second home loans to 70%, it has gradually turned into an annual increase trend, and the seventh wave of restrictions has also begun. The two-year confidence disturbance has gradually faded. At the same time, the performance of the stock market this year The outstanding performance has also provided support for the housing market. The number of units transferred each quarter has gradually turned from a double-digit decrease last year to a year-on-year increase. This probably confirms that the housing market still has a certain degree of resilience and is showing signs of bottoming out and slowly recovering. However, the housing market is still dominated by owner-occupiers, and the price and volume performance should stabilize.
Statistics show that the number of transferred buildings in the six cities in September was 17,900, a monthly increase of 14% and an annual increase of 12%. On the one hand, the housing market has escaped the interference of the ghost month, and on the other hand, it also reflects that the market is slightly better than the same period last year. The number of transferred buildings in the six cities in September all increased for several months, and all except Tainan also turned to annual growth.
As for the performance of the number of transferred buildings in the third quarter, 54,000 buildings in the six cities also increased by 5% year-on-year. Kaohsiung City performed better in the third quarter with 9,127 buildings, an increase of 19% year-on-year. It is estimated that in addition to the market slowly recovering, the growth in transfer volume should be driven by the handover of houses. , Taipei City had 6,237 buildings in the third quarter, an increase of 12% year-on-year, and New Taipei City had 13,000 buildings, an increase of 5% year-on-year. The performance of Shuangbei City was relatively stable compared to the central and southern regions, especially after the stock market surged, which was helpful for mid-to-high total price transactions.
Zeng Jingde said that looking forward to the performance in the fourth quarter, the transfer volume has the opportunity to continue the annual growth performance in the third quarter. The central bank's policies are gradually loosening. The economy has benefited from the AI market, which has driven the stock market to rise. People's wealth has increased. The Qing'an 3.0 policy has also been put on the road. However, the current trend of self-use in the market remains unchanged, and the market capital cost has also increased slightly. It will be observed whether the first-hand housing market will be revived and completed housing will be smooth in the fourth quarter.
Housing Exhibition Magazine spokesperson Chen Bingchen pointed out that in New Taipei City, unlike areas with more volatile housing market characteristics such as Tamsui District and Wugu District, the three districts of Banqiao, Sanchong and Xindian are all positive areas in the housing market in the first ring of New Taipei City. Both buyers and sellers are confident. Even builders can buck the trend and maintain a constant temperature in project promotion and handover.
As for overall, Chen Bingchen believes that in the fourth quarter of this year, there is still a wait-and-see atmosphere such as difficulty in getting loans, attracting money from the stock market, and election interference. In addition, interest rate hikes are about to come. If the transfer volume is to grow, it will also be accompanied by the factors of a large number of pre-sales and handovers. It will take some time to see a clear recovery in the situation.
