法拍房月报｜6月挂拍量年内新高，278套房产“1元起拍”（2025年6月）

Core Viewpoint - The second-hand housing market is expected to see an increase in the number of properties entering the judicial auction market in the second half of the year, which will enhance transaction channels and accelerate property turnover, thereby improving the utilization rate of existing housing and promoting the recovery of the transaction chain between new and second-hand properties [1][5]. Group 1: Auction Volume - The auction volume reached a new high for the year in June, with 32,000 properties listed for auction, representing a 27% month-on-month increase and a 6% year-on-year decrease [3][8]. - The total starting price for the properties was 30.9 billion yuan, up 33% month-on-month, marking the second-highest total for the year [8]. - Seven cities had over 500 properties listed for auction, with Chongqing leading at 1,210 properties, maintaining its position for seven consecutive months [8][9]. Group 2: Transaction Volume - The transaction volume in June was 3,215 properties, reflecting a 31% month-on-month decrease and a 43% year-on-year decrease [12][13]. - Despite the decrease in transaction volume, 70% of the properties were sold at a premium, indicating sustained market confidence [12][17]. - The highest transaction value was for a villa in Shanghai, which sold for 1.09 billion yuan after nine rounds of bidding, achieving a 5.4% premium over the starting price [13]. Group 3: Transaction Rate - The average transaction rate for judicial auction properties in June was 19%, remaining stable month-on-month, indicating that the decline in transaction volume was more due to technical adjustments rather than a decrease in market interest [17][19]. - Shanghai had the highest transaction rate among major cities at 52%, with several other cities exceeding 40% [19]. Group 4: Discount Rate - The average starting discount rate for auctioned properties was 28.4%, down 0.5 percentage points, while the average discount rate for sold properties was 31.3%, down 1.2 percentage points [23][27]. - The narrowing gap between starting and sold discount rates suggests that buyers are increasingly focusing on non-price factors such as location and property type [23][27].