China Foreclosed Home Listings Rise 23.1% in First Seven Months of 2026; Sales Up 42.7%

During the first seven months of 2026, the number of foreclosed residential properties listed for auction in China increased markedly. From January to July, a total of 245,000 foreclosed homes were listed across 355 cities, up 23.1% year on year. In the same period, 89,000 units were sold, a rise of 42.7%, and the clearance rate climbed 4.97 percentage points to 36.2%. Sales growth expanded mainly after the second quarter, with the seven-month volume equivalent to nearly 80% of the full-year 2025 total.

Compared with 2025, the trends in listings and sales of foreclosed homes have shifted. In the full year 2025, nationwide foreclosed residential listings amounted to 322,000 units, down 10.7% year on year, while sales reached 113,000 units, a decline of 3.3%. Entering 2026, listings turned from decline to growth, and the growth rate of sales significantly outpaced that of listings, indicating improved market activity.

On prices, the average price of foreclosed homes in the first seven months of 2026 fell 9% year on year. Taking a sample of 200 properties in Guangzhou as an example, the debts involved in judicial disposal of homes are not of a single type, but encompass various kinds of creditor relationships.