On December 17, the auction data monitoring by the China Index Academy showed that by the end of November, the total number of residential properties auctioned in the national auction market for 2024 was 0.289 million units (including completed transactions, unsuccessful auctions, suspended, postponed, and withdrawn), which is a decrease of about 7.2% compared to 0.312 million units in January to November 2023. The total number of completed auction residential properties was approximately 0.104 million units, with a total transaction amount of 147.19 billion yuan; this is an increase of about 6.1% compared to the 0.099 million units completed in 2023, while the total transaction amount at the same time in 2023 was 150.36 billion yuan, a decrease of about 3.16 billion yuan.
中指研究院:前11月全国法拍住宅成交量10.4万套,同比增长6.1%
According to the China Index Academy, the national auction housing volume in the first eleven months reached 0.104 million units, a year-on-year increase of 6.1%.
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