Cathay Real Estate Index: Slight Decline in Opening Prices, Negotiation Rate Decreases Q2 Proposals and Transactions Increase

Cathay Construction (2501-TW) today (24th) released the 2026 Q2 Cathay Real Estate Index, which shows stable prices and increased volumes compared to the previous quarter, with short-term signs of recovery. Compared to the same period last year, prices are stable but volumes have decreased. Compared to the previous quarter, this quarter saw a slight decline in opening prices and a slight decrease in negotiation rates, while transaction prices remained stable. The number of new listings increased, and transaction volumes saw a significant increase, with a slight increase in sales rates. Although transaction volumes in Q2 2026 have rebounded, they remain at historically low levels, and the overall Taiwan real estate market is in a consolidation phase.

The Cathay Real Estate Index pointed out that in Q2 2026, there were 152 new project listings, totaling 12,827 units, an increase from the previous quarter but a decrease from the same period last year. The total listing amount was 289.9 billion yuan, an increase from the previous quarter but a decrease from the same period last year. The main price was 22.7 million yuan, a decrease from the previous quarter but an increase from the same period last year.

In terms of major metropolitan areas across Taiwan, both Hsinchu County and City and Taichung City saw an increase in Q2 listings, with Hsinchu County and City's Q2 listing units of 1,005, with a quarterly increase of 1.47 times and a yearly increase of 4.34 times, the most eye-catching performance.

The Cathay Real Estate Index pointed out that in 2026, driven by strong AI demand, economic growth is expected to reach 9.45%, but considering global uncertainty and Middle East conflict risks, interest rates remain unchanged. In terms of the real estate market, the Taiwan Central Bank maintains credit control policies, but whether stock market funds will flow back into the real estate market and help the real estate market performance remains to be seen.

The Cathay Real Estate Index further pointed out that observing the performance of various regions, compared to the previous quarter, the transaction prices of various regions are divergent, with Taipei, Hsinchu, and Kaohsiung prices continuing to be strong, while Taichung's performance is relatively weak. Transaction volumes have generally rebounded, with the most significant increases in Taipei and Hsinchu. Compared to the same period last year, transaction prices, except for Taichung, have remained stable or increased, while transaction volumes, except for Hsinchu County and City, have generally decreased.

From the four-quarter moving trend, in Q2 2026, the transaction prices of various regions still far exceed the high points of the 2013-2015 period, except for Taichung City, which has slightly declined from the previous high points, and prices generally maintain high levels or a slow rise. In the past year, transaction volumes, except for Hsinchu County and City, have generally shown a significant and rapid decrease. In Q2 2026, compared to the previous quarter, prices are stable and volumes have increased significantly. Compared to the same period last year, prices are stable but volumes have decreased. Pre-sale housing prices still maintain a certain level, showing that there is still rigid demand support. Although transaction volumes in Q2 2026 have rebounded, they remain at historically low levels, and the overall Taiwan real estate market is in a consolidation phase.

Source: Cathay Real Estate Index