By Crystal Hsu / Staff reporterProperty transactions rose 8 percent to 21,982 units last month, the highest in five years, as buying interest continued to improve on the back of real demand. Taichung saw a 13 percent increase, to 4,141 deals, aided by completed construction on new residential complexes in the Beitun (北屯) and Situn (西屯) districts, city data showed. Transactions in New Taipei City rose 3 percent to 5,598 as construction on a new residential complex in Jhonghe District (中和) was completed. Housing deals in Taipei grew 4 percent to 2,734 units, while Tainan saw a 1 percent gain to 2,216, city government data showed. The housing market might improve this month, but lose some steam in the second half of the year as the presidential campaign heats up, creating political uncertainty, Evertrust Rehouse Co (永慶房屋) said.

Source: Taipei Times June 04, 2019 15:56 UTC