Taiwan housing market slump deepens as new project volume hits record low in June

June’s housing‑market indicators in northern Taiwan fell to recession warning levels, with the “wind‑direction ball” score dropping from 36.5 to 33.2. Pre‑sale launch volume plunged by more than NT$600 billion to just over NT$100 billion, the lowest monthly total recorded since early 2019 and even worse than the pandemic‑era dip.

At the same time, Taiwan faces an ageing stock challenge: 5.16 million homes are older than 30 years, including 980 000 vacant units. The Building Safety Record Association warned that many of these “old‑houses” risk becoming unsellable liabilities. Banks now scrutinise eight loan‑assessment criteria—such as structural safety, layout efficiency, and community facilities—when appraising property values. The combined slowdown in new supply and tightening credit standards underscores growing uncertainty for developers and buyers alike.