Sinyi Housing Price Index Down 0.07% Quarter on Quarter and 0.05% Year on Year in Q3
Sinyi Realty released its Q3 housing price index on October 28, 2026. The seven major cities were flat overall and consolidating, with trends differing by area: Taoyuan had the highest year-on-year gain at 3.15%, and Tainan the steepest year-on-year drop at 3.38%.
- Sinyi Realty's Q3 housing price index: the seven major cities stood at 168.64, down 0.07% quarter on quarter and 0.05% year on year, flat and consolidating overall.
- Taipei rose 1.48% year on year and New Taipei rose 1.04%; both quarterly and annual changes in Taoyuan and Kaohsiung turned from negative to positive.
- Tainan fell 4.88% quarter on quarter and 3.38% year on year, the largest quarterly and annual declines among the seven areas tracked.
Sinyi Realty released its Q3 2026 housing price index on October 28, 2026. The index for the seven major cities stood at 168.64, down 0.07% quarter on quarter and 0.05% year on year. The index comes from a private company and is not a government statistic.
Looking back at the trend, the nationwide index hit a record high of 169.46 in Q4 2024, then kept pulling back, falling to a low of 163.25 in Q4 2025. In the first three quarters of 2026, the index consolidated within a range of 167.5 to 168.8.
Performance varied by area. Taipei's index was 143.55, up 1.48% year on year. New Taipei's index was 162.35, up 2.64% quarter on quarter and 1.04% year on year. Taoyuan's index was 192.27, up 3.11% quarter on quarter and 3.15% year on year, the largest year-on-year gain among the seven areas tracked. Kaohsiung's index was 173.24, up 2.53% quarter on quarter and 1% year on year. Both quarterly and annual changes in Taoyuan and Kaohsiung turned from negative to positive. Taichung's index was 185.68, up 1.11% quarter on quarter and down 1.30% year on year. Hsinchu's index was 247.25, down 0.57% quarter on quarter and up 0.10% year on year. Tainan's index was 192.96, down 4.88% quarter on quarter and down 3.38% year on year.
Tseng Ching-te, a project manager at Sinyi Realty's Real Estate Planning and Research Office, said sales volume has not yet expanded noticeably and the market is in a consolidation phase with "a lid above and an iron plate below." Home purchases are mainly for owner-occupation, and both prices and sales volume are stabilizing. He believes Greater Taipei is showing signs of a gradual recovery after bottoming out, and that mid-to-high-priced homes in Taipei are relatively resilient, backed by the wealth effect from the stock market.
Tseng pointed out that Youth Home Loan 3.0 and the central bank's gradual easing of loan-to-value ratios for second-property mortgages are positives, but investment opportunities in the stock market are better than in the housing market, and people's short-term funds still lean toward stocks. Sinyi Realty said that Taoyuan has a large amount of new supply, some of it concentrated in land readjustment areas, which limits room for prices to rise; in Taichung, the year-on-year decline has narrowed for three consecutive quarters, and prices may gradually stabilize.
People looking to buy or trade up can note that trends differ by area: Taoyuan and Kaohsiung have turned from negative to positive, while Tainan's decline is pronounced, so the single figure of 168.64 for the seven major cities is not enough on its own. This index is Sinyi Realty's private statistic, not government data. Those who already have a mortgage or plan to apply for a loan can pay attention to the details of Youth Home Loan 3.0 and the central bank's easing of loan-to-value ratios for second-property mortgages.
Quick quiz
2 questions; pick an answer to see the explanation
- In the Sinyi Housing Price Index for Q3, which of the seven areas tracked had the highest year-on-year gain?
- In which quarter did the nationwide housing price index hit its record high of 169.46?
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Original：風傳媒 · We only post summaries and key points. Read the original for the full story.
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