Real estate transactions rise in six cities
The local real estate market is heating up.
According to figures released by CTBC Real Estate, transaction value during the first half of the year in the six special municipalities totalled NT$997 billion.
That's up 75% compared to the same period of 2020.
The increase was especially high in Kaohsiung, where the January through June transaction value was 94% higher compared to last year.
Meanwhile, transaction value in Taoyuan grew a more modest 50% year-on-year.
CTBC Real Estate estimates that at this rate, transaction value for all of 2021 could hit NT$2.5 trillion.