China Index Academy said Jan–Oct 2026 across 355 cities judicial-auction listings totaled 654,000 lots, up 31.6% YoY. Lots reaching transaction deadline: 772,000; sold lots 188,000, up 34.6% YoY. Total transaction value 255.28 bln yuan, +19.0% YoY. Overall clearance rate 24.4% (+1.6 ppt). Average discount rate 74.3%. Average transaction price 5,021 yuan/sq m, +4.8% YoY. By transaction value, Shenzhen led with 15.42 bln yuan (clearance rate 71.0%, discount rate 92.4%), followed by Shanghai 11.08

China Index Academy said Jan–Oct 2026 across 355 cities judicial-auction listings totaled 654,000 lots, up 31.6% YoY. Lots reaching transaction deadline: 772,000; sold lots 188,000, up 34.6% YoY. Total transaction value 255.28 bln yuan, +19.0% YoY. Overall clearance rate 24.4% (+1.6 ppt). Average discount rate 74.3%. Average transaction price 5,021 yuan/sq m, +4.8% YoY. By transaction value, Shenzhen led with 15.42 bln yuan (clearance rate 71.0%, discount rate 92.4%), followed by Shanghai 11.08 bln yuan (clearance rate 79.4%) and Beijing 9.43 bln yuan (clearance rate 53.8%).