Middle Finger Research Institute: National foreclosure housing transactions volume and prices narrowed in the first half of the year.

According to the monitoring data of the judicial auction database of the China Index Academy, by the end of June, the total number of various types of judicial auction properties listed in the first half of 2025 nationwide accumulated to 369,000 units, a decrease of about 3.3% compared to the first half of 2024 with 382,000 units. The cumulative number of properties sold at auction is approximately 78,000 units, with a total transaction volume of 122.95 billion yuan, a decrease of about 0.9% compared to the same period last year with 79,000 units sold and about 19.8% decrease compared to the total transaction volume of 153.39 billion yuan in the same period last year. The clearance rate for various types of judicial auction properties by the deadline for transactions in the first half of 2025 is 21.1%, with an average transaction price of 4,912 yuan per square meter. In the first half of 2024, the average transaction price of various types of judicial auction properties nationwide was 5,374 yuan per square meter, a 8.6% decrease compared to the same period last year.