Page 59 - 2023 OUTLINE OF THE MINISTRY OF THE INTERIOR REPUBLIC OF CHINA

2023 OUTLINE OF THE MINISTRY OF THE INTERIOR

Table 5-5 Mortgage Affordability
Unit: %
New Taipei Taipei Taoyuan Taichung Tainan Kaohsiung
Season of the Year Total
City City City City City City
2022Q1 38.35 51.45 64.91 31.50 45.08 36.84 35.59

2022Q2 39.62 52.41 66.12 32.01 45.54 38.26 38.17

2022Q3 40.55 53.66 67.07 33.04 46.96 40.16 37.49

2022Q4 40.25 53.10 66.06 32.81 46.53 39.22 38.76

Table 5-6 Ratio of House Price to Income
Unit: Times
New Taipei Taipei Taoyuan Taichung Tainan Kaohsiung
Season of the Year Total
City City City City City City
2022Q1 9.58 12.85 16.22 7.87 11.26 9.20 8.89

2022Q2 9.69 12.82 16.17 7.83 11.14 9.36 9.34
2022Q3 9.80 12.96 16.20 7.98 11.34 9.70 9.06

2022Q4 9.61 12.68 15.77 7.83 11.11 9.36 9.25

5. Management of the ROC Real Estate Appraiser

The creation of an appraiser licensing system is critical to developing sound transactional pro-
cedures in the ROC real estate market. In April 2002, the MOI started accepting applications for ap-

praiser licenses according to the Real Estate Appraiser Act. As of the end of 2022, 651 applicants had
been certified, and 463 of these successful entrants are now practicing under the close supervision of
the MOI.

6. Establishing Automated Valuation Models of Counties and Cities
In order to appraise the value of land scientifically, objectively, and automatically, the MOI es-
tablished the automated valuation models (AVMs) and developed the real estate actual transaction

price information application from 2018 to 2022. The MOI has conducted the Land Price Evaluation
Technology Refined and Real Estate Actual Transaction Price Information Application Development
Plan and enhanced the technology for the appraisal of land value by the government. AVMs have

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