By Crystal Hsu / Staff reporterThe nation’s major real-estate brokers reported uneven improvement in property deals last month, as some sellers made greater concessions to facilitate transactions. Sinyi Realty Inc (信義房屋), the nation’s only listed broker, said transactions last month picked up 8 percent nationwide on top of October sales, with the rebound most evident in the Greater Taipei area. A noticeable correction in housing prices in Taipei and New Taipei City helped spur transactions, while the government has softened rhetoric about the market, Sinyi research manager Tseng Ching-der (曾敬德) said. Housing transactions increased by double-digit percentage points in the two northern cities, whether compared with October or a year earlier, Sinyi data showed. Home prices in Greater Taipei have dropped by more than 10 percent from their peak in 2014, giving buyers incentives to close deals, Evertrust spokesman Lin Tai-lung (林泰隆) said.

Source: Taipei Times November 30, 2016 16:01 UTC