中指研究院：1-10月全国法拍房成交总金额下降2成 整体收缩与重点城市活跃并存

Core Insights - The national auction housing market in China showed a "decline in both volume and price" from January to October 2025, with significant regional disparities observed [1][31]. Overall Auction Market Situation - A total of 605,000 auction properties were listed nationwide, representing a year-on-year decrease of 5.7% - The final transaction count was 138,000 properties, down 2.4% year-on-year - The total transaction value reached 204.87 billion yuan, a decline of 22.5% year-on-year - The average transaction price was 4,668 yuan per square meter, down 12.3% year-on-year, with an average discount rate of 74.4% [2][31]. Residential Auction Market Situation - For residential auction properties, 277,000 units were listed, a year-on-year decrease of 9.0% - The number of transactions was 92,000 units, down 1.4% year-on-year, with a total transaction value of 109.71 billion yuan, a decline of 16.6% year-on-year [9][31]. Key City Performance - In key monitored cities like Chongqing, the number of residential auction transactions increased by 21.1% year-on-year, while major cities like Shanghai and Shenzhen had clearance rates exceeding 60%, indicating significant regional market vitality differences [1][31]. - In first-tier cities, 5,791 residential auction properties were sold, with a total transaction value of 30.33 billion yuan and an average price of 36,730 yuan per square meter [13][31]. Monthly Trends - In October 2025, the national auction market saw 106,000 properties listed, a year-on-year decrease of 12.5% - The final transaction count was 16,000 properties, down 7.3% year-on-year, with a total transaction value of 19.34 billion yuan, a decline of 32.5% year-on-year [2][31].