The number of transactions totaled 15,646 in Taipei, New Taipei City, Taoyuan, Taichung, Tainan and Kaohsiung. All municipalities, with the exception of Taipei, saw a retreat of more than 30 percent, local government data showed. Taipei posted a decline of 29.6 percent with 1,915 deals. It might introduce more tightening measures to induce a soft landing for housing prices as public complaints over unaffordability mount. Housing transactions would gain momentum this month, the analyst said, adding that developers and builders are about to launch spring promotion campaigns.

Source: Taipei Times March 03, 2022 03:01 UTC