A recent online survey found more than half of the respondents have a robust outlook toward the nation’s property market for this quarter — the highest level this year, Taiwan Realty (台灣房屋) said yesterday.
That result was a sharp increase from the 42 percent who said they had a robust outlook for the third quarter, 47 percent for the second quarter and 17 percent for the first quarter of this year, the realtor said in a press statement.
The survey, conducted earlier this month, found that just 5.8 percent of 1,033 respondents were pessimistic toward the local property market for this quarter. That was down from 6.4 percent for the third quarter, 42 percent for the second quarter and about 31 percent for the first quarter, the company said.
Taiwan Realty said it believes that the recent stock market rally, the ending of an unpaid leave policy by several high-tech companies, the drop in the number of unemployed, an economic rebound and the prospective signing of a financial memorandum of understanding on market supervision and an economic cooperation framework agreement (ECFA) with China all contributed to the rebound of public confidence in property investments.
Even though the government is mulling tax hikes, potential home buyers believe the nation’s full implementation of tax reforms will still take some time, and so their confidence in buying properties was unaffected, the company said.
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