Fewer presale housing units enter local marketBy Crystal Hsu / Staff reporterThe number of presale and new housing units on the market declined last quarter from the previous quarter, but selling prices continued to climb, defying policy measures to reverse the trend, a survey by Cathay Real Estate Development Co (國泰建設) showed yesterday. The number of presale and new housing projects fell 22 percent from the fourth quarter of last year to 230, while the overall number of housing units on the market fell 7.6 percent to 21,812, the quarterly survey showed. The housing market appeared to have cooled down in Taoyuan, Hsinchu City, Taichung, Tainan and Kaohsiung, judging by the supply, Cathay Real Estate said. Housing prices averaged NT$308,100 per ping (3.3m2) nationwide, gaining 2.01 percent from three months earlier, while 30-day sales rates shed 2.41 percentage points to 11.71 percent, it said. Prices in Tainan rose 0.55 percent to NT$236,600 per ping, while prices in Kaohsiung increased 0.46 percent to NT$240,700 per ping, it showed.

Source: Taipei Times April 28, 2021 15:56 UTC