Yungching: October Transaction Volume Up 14% Month on Month, 18% Year on Year; Taoyuan Highest at 21%

Yungching Realty Group's figures show that transaction volume rose in every region in October compared with September. Taipei City rose 13%, New Taipei City 11%, Hsinchu County and City 13%, Taichung City 12%, and Kaohsiung City 14%. These are sales volumes compiled by the brokerage itself.

Compared with October 2025, Hsinchu County and City and Taichung City each rose 30%, Tainan City rose 28%, Taoyuan City rose 23%, Taipei City and New Taipei City each rose 16%, and Kaohsiung City rose 13%.

Chen Jinping, deputy manager of the Yungching Realty Research and Development Center, said that in September the central bank raised the cap on the loan-to-value ratio for individuals' second-home mortgages from 60% to 70%, easing the down payment pressure on some people trading up to a new home, and that the effect of the policy was gradually reflected in the October market. She also noted that October had two three-day holiday weekends, National Day and Taiwan Retrocession Day, which made it easier for people to schedule home viewings.

Chen Jinping said that after about two years of credit controls and a contraction in volume, the market is gradually returning to owner-occupier demand. Buyers are still unwilling to chase prices, but expectations of continued sharp price declines have eased, and some owners are more willing to refer to nearby sale prices and adjust their prices moderately. She said selective credit controls have not been fully withdrawn, mortgage interest rates remain high, and banks keep a cautious approach to credit review, so the rebound in buying interest will be limited.

The central bank said the share of real estate loans in banks' total lending fell from 35.56% at the end of March 2026 to 34.44% at the end of July. Only from March 20, 2026 did the central bank raise the loan-to-value cap on second-home mortgages from 50% to 60%. Zhang Xulan, CEO of the Taiwan Realty Trend Center, said that in October the consecutive holidays plus the disruption from typhoon days meant some buyers were still adjusting their funding arrangements.