The start of the year sees a冷 market for foreclosure houses in Shenzhen with the highest clearance rate, while Chongqing defies the trend with a 38% surge

NightAirdropper · 2026-03-11T06:35:07+00:00

In January-February 2026, the number of properties listed and transaction volume in the nationwide foreclosure market both declined. The number of foreclosed residential properties decreased year-on-year, and both the average transaction price and total transaction amount also declined. First-tier cities have higher average transaction prices, with Shenzhen having the highest clearance rate, while Chongqing's market grew against the trend, showing outstanding performance.

NightAirdropper

2026-03-11 06:35:07

Abstract generation in progress

Gelonghui March 11 | According to the China Judicial Auction Database monitoring, from January to February 2026, the total number of various judicial auction properties listed nationwide reached 170,000 units, a decrease of 2.3% year-on-year. The total number of auctioned properties was 211,000 times, with 27,000 final transactions, down 4.7% year-on-year. The clearance rate was 16.1%, and the total transaction amount was 37.34 billion yuan, down 16.5% year-on-year. The average transaction price for all types of auctioned properties was 4,869 yuan per square meter, a decrease of 8.1% year-on-year, with an average discount rate of 71.1%.

For residential auction properties, from January to February 2026, the listed residential auction properties numbered 72,000 units, down 9.9% year-on-year; 19,000 units were sold, an increase of 4.1% year-on-year; and the total transaction amount was 19.68 billion yuan, down 19.9% year-on-year.

There is a clear differentiation among cities of different tiers. The average transaction price in first-tier cities is much higher than in second, third, and fourth-tier cities. Shenzhen has the highest clearance rate at 66.4%. The Chongqing market defied the trend with a 38.2% year-on-year increase in total transaction amount. The residential clearance rate was 39.6%, with Yubei District as the core transaction area. Over 60% of second auction phase transactions occurred in the city, highlighting regional characteristics of the judicial auction market.

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