Property purchases in six major cities plunge 42.5% - News Summed Up

Property purchases in six major cities plunge 42.5%


The six cities recorded a total of 10,480 property transfers last month, down 42.5 percent from January and marking the second-lowest monthly level on record, the data showed. “The sharp drop largely reflected seasonal factors and tighter credit conditions,” Evertrust Rehouse Co (永慶房屋) deputy research manager Chen Chin-ping (陳金萍) said. Photo: CNAThe nine-day Lunar New Year holiday fell in February this year, reducing the number of working days for the market. Taipei transactions fell 27.3 percent month-on-month, while New Taipei City saw a 38.8 percent drop. Last year, the holiday fell mostly in January, leaving more working days in February for the market and land offices.


Source: Taipei Times March 03, 2026 17:19 UTC



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