Taiwan's Housing Market Cools Down: Prices Drop Across Major Cities

Central Bank Measures Trigger Price Corrections in Key Taiwanese Regions.

The Central Bank of Taiwan implemented the strictest credit controls in history during the third quarter of last year. This move dramatically chilled buyer sentiment in the housing market. According to the latest data from the Ministry of the Interior's Real Estate Information Platform, the average housing price across Taiwan fell to NT$338,000 per ping in the fourth quarter of last year. This represents a 6.6% decrease from NT$362,000 per ping in the previous quarter, indicating a clear correction phase in the market.

According to Chuang Ssu-min, Deputy Manager of Research and Development at CTBC Real Estate, the housing market currently faces multiple negative pressures. These include the effects of the Golden Dragon economic issues, the impacts of the Trump tariff wars, and geopolitical risks involving cross-strait relations. Without significant positive factors to support it in the short term, the housing market is likely to remain sluggish this year. Further price reductions are even possible.