银行下场卖房后，地方国企也开始卖房

Core Viewpoint - Both banks and state-owned enterprises (SOEs) are increasingly selling properties in bulk, indicating a shift in the real estate market dynamics as they seek to liquidate assets and respond to changing demand for housing [1][10]. Group 1: Bank and SOE Property Sales - Banks have started selling properties as they accumulate more real estate through mortgage defaults, aiming to convert these assets into cash [1]. - State-owned enterprises are following suit, with multiple regions, including Sichuan and Huzhou, announcing bulk property sales [6][10]. - In Xichang, 144 state-owned properties were auctioned, primarily consisting of affordable and subsidized housing [1][4]. Group 2: Auction Details and Pricing - The auction in Xichang featured properties with clear ownership and some included fixed parking spaces, with a minimum starting price of 3,017 yuan per square meter and a maximum of 5,799 yuan per square meter, both below market rates [4]. - Huzhou has listed over 1,124 residential units for a 30-year operating right, with an average price of approximately 640,000 yuan per unit, totaling 7.16 billion yuan for the entire batch [8][9]. Group 3: Broader Market Trends - The trend of SOEs selling properties is not isolated, as cities like Hangzhou, Fuzhou, and Guangzhou have also reported similar activities, indicating a widespread strategy among local governments to manage housing stock [6][10]. - As of October this year, the total residential area available for sale reached 396 million square meters, highlighting the ongoing challenges in the housing market [11]. - The sale of state-owned properties is seen as a method to revitalize assets, especially for housing types that may no longer meet current demand [14].