---
title: "China Index Academy: The auction housing market has cooled at the beginning of the year, with Shenzhen having the highest clearance rate, while Chongqing surged by 38% against the trend"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/278643988.md"
description: "The report from the China Index Academy shows that in January and February 2026, the national auctioned property market experienced a decline in both volume and price, with the number of properties listed for auction at 170,000, a year-on-year decrease of 2.3%; the number of properties sold at auction was 27,000, a year-on-year decrease of 4.7%; the clearance rate was 16.1%, with a total transaction amount of 37.34 billion yuan, a year-on-year decrease of 16.5%. The average transaction price was 4,869 yuan/square meter, a year-on-year decrease of 8.1%. Shenzhen had the highest clearance rate, while Chongqing saw an increase of 38%"
datetime: "2026-03-11T02:22:17.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/278643988.md)
  - [en](https://longbridge.com/en/news/278643988.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/278643988.md)
---

# China Index Academy: The auction housing market has cooled at the beginning of the year, with Shenzhen having the highest clearance rate, while Chongqing surged by 38% against the trend

The China Index Academy pointed out that the national auctioned property market is experiencing a simultaneous decline in both volume and price. According to the monitoring of the China Index auction database, from January to February 2026, the total number of various auctioned properties in the national auction market reached 170,000, a year-on-year decrease of 2.3%. The cumulative number of auction sessions for these properties was 211,000, with the final number of successfully auctioned items being 27,000, a year-on-year decrease of 4.7%. The clearance rate was 16.1%, and the total transaction amount was 37.34 billion yuan, a year-on-year decrease of 16.5%. The average transaction price for various auctioned properties was 4,869 yuan per square meter, a year-on-year decrease of 8.1%, with an average discount rate of 71.1%

### Related Stocks

- [399001.CN](https://longbridge.com/en/quote/399001.CN.md)
- [000300.CN](https://longbridge.com/en/quote/000300.CN.md)

## Related News & Research

- [China exports miss, imports surge as trade surplus shrinks sharply](https://longbridge.com/en/news/282621490.md)
- [China launches national plan to boost AI education](https://longbridge.com/en/news/282481609.md)
- [Chailease Holding says March sales down 2.9% Y/Y](https://longbridge.com/en/news/282302225.md)
- [China March new loans jumps less than expected to 2.99 trillion yuan](https://longbridge.com/en/news/282515645.md)
- [China Jan-March vehicle sales -5.6% y/y vs +11.2% a year ago - industry association](https://longbridge.com/en/news/282296704.md)