The China Index Research Institute published an article stating that from January to October 2026, the national 355 city auction market had a total of 654,000 auctions, up 31.6% year on year; 772,000 lots closed, up 34.6% year on year; total transaction amount was 255.28 billion yuan, up 19.0% year on year; overall lot clearance rate was 24.4%, up 1.6 percentage points from the same period last year; the transaction discount rate was 74.3%, and the average transaction price was 5021 yuan/㎡, up 4.8% year on year. Looking at key cities, Shenzhen, Shanghai, Beijing, Hangzhou, Guangzhou, and Chengdu are among the top in terms of transaction value. Among them, Shenzhen led with a clearance rate of 15.42 billion yuan, a clearance rate of 71.0%, a transaction discount rate of 92.4%, Shanghai 11.08 billion yuan, a clearance rate of 79.4%, Beijing 9.43 billion yuan, and a clearance rate of 53.8%.

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