Stock Market Boom Drives Buying Interest; Major Real Estate Agencies Report Monthly and Annual Growth in May

As the Taiwan stock market holds steady at the 40,000-point level, some capital has begun to shift toward non-stock assets, and the real estate market showed signs of recovery in May. Statistics from four major real estate agencies show that transaction volumes across Taiwan in May increased by approximately 8.5% to 12% compared to April, and grew by about 3.2% to 23% compared to the same period last year, showing growth in both monthly and annual comparisons. Yung-Ching Realty's transaction volume in May increased by 12% month-on-month and 23% year-on-year. The company stated that the vibrant capital market, the fading impact of Middle East conflicts, and the central bank's minor adjustment to credit controls (relaxing the loan-to-value ratio for second homes from 50% to 60%) have eased financial pressure on homebuyers and stimulated buying interest. Taiwan Realty's transaction volume in May increased by 12% month-on-month and 15.4% year-on-year. The company noted that the market is shifting toward a buyer's market, making price the key to transactions, while loan policies remain the focus for the long term. Sumhouse observed that transaction numbers increased by 9.5% month-on-month and 10.5% year-on-year. The company pointed out that while real estate gains are not as high as stocks, many investors see real estate as a way to preserve capital. CTBC Real Estate's transaction volume increased by 8.5% month-on-month and 3.2% year-on-year. The company stated that the strong stock market is providing potential support for the real estate market, leading to increased inquiries for mid-to-high-priced properties.