According to the latest housing price index by Sinyi Realty, the overall housing price level has generally returned to where it was before last year's mortgage regulations. The Sinyi quarterly index shows that among the six metropolitan areas and Hsinchu, five areas have started to see quarter-over-quarter decreases in their housing price indices.

Sinyi Realty's project manager, Cheng Ching-Te, indicated that after the central bank implemented mortgage regulations, market transaction volumes shrank, leading housing prices from continuous highs into a consolidation phase. The statistics for Q1 show that housing price indices in five major metropolitan regions have declined compared to the previous quarter, indicating a significant market shift.

Data shows that the housing market is shifting from a seller's market to a buyer's market, particularly influenced by a stock market correction. Excluding New Taipei City and Taoyuan City, other areas are showing declining trends.

Cheng also noted that while the overall year-on-year growth remains, the price increase has begun to moderate. In Taipei City, the housing price index stands at 136.22, while New Taipei City is at 163.52, Taoyuan City is at 193.73, and Hsinchu City is at 248.47. These figures indicate a noticeable cooling in housing prices.

As the financial market stabilizes, even if the housing market enters a correction phase, the short-term volatility is expected to remain limited.