法拍房月报｜8月成交量再创年内新高，深圳顶豪大平层溢价80%成交（2025年8月）

Core Viewpoint - The foreclosure housing market is an important "leakage" link in the residential rights flow chain and will continue to benefit from the industry's stabilization process, providing more support for the establishment of new development models in the industry [1][6]. Supply and Transaction Volume - In August 2025, the supply of foreclosure properties decreased to 32,000 units, still the second highest this year, while transaction volume reached 5,466 units, marking an 11% month-on-month increase and a new high for the year [3][4]. - The average starting price for the properties listed was 32.4 billion yuan, with a slight decrease of 27% month-on-month [8][12]. - The competitive bidding heat increased, with 7% of the sold properties receiving over 100 bids, indicating rising buyer interest [4][3]. Market Trends and Outlook - The continuous increase in transaction volume for two consecutive months is attributed to the ongoing implementation of market stabilization policies, which have gradually restored market confidence [4][6]. - The proportion of properties sold at or above the starting price has decreased to 29%, the lowest since Q2, indicating a shift in buyer behavior towards more competitive bidding [4][6]. High-Value Listings - The market saw several high-value listings, including a five-star hotel in Hangzhou with a starting price of 257 million yuan, which reflects the growing interest from intermediaries and asset management firms in the foreclosure market [5][13]. - Notably, 18 properties had starting prices exceeding 100 million yuan, indicating a trend towards higher-value assets entering the market [5]. Transaction Rate and Buyer Behavior - The national average transaction rate for foreclosure properties was 21%, slightly down from the previous month but still at a high level for the year [24][26]. - The average discount rate for sold properties was 32.2%, a decrease of 1.3 percentage points, while the average starting discount rate was 28.8%, indicating a narrowing gap between supply and demand perceptions [28][29]. Conclusion - The foreclosure housing market is evolving with increasing buyer interest and a shift towards higher-value properties, supported by favorable market policies and changing buyer behavior, which may lead to a more stable and dynamic market environment in the future [1][6][4].