Dongguan's 2023 has passed quietly, the ups and downs of Dongguan's legal auction market have come to an end, and now it is time to summarize, the amount of Dongguan listed in 2023 will reach 4 billion, an increase of more than 50% from 2.7 billion in 2022, and the number of applicants will be 2,560 sets, which is a lot less than 2,900 sets in the same period, and the transaction amount is 144.6 billion, a slight decrease, the number of listed auctions was 2,371 sets, an increase of 50% from 1,500 sets in 2022, and the final number of units sold was 685 sets, a slight increase from 676 sets in the same period.
Compared with last year, the number of auctions has skyrocketed, mainly because of the bad economic environment, and the basic situation in various cities across the country is also the case, the decrease in the number of applicants indicates that the market situation is not good, and the capacity to undertake is limited, so the transaction rate has dropped significantly, and the basic number of leaks has also increased significantly.
When we go to the detailed analysis of the monthly transactions, we can see that the transaction rate is only 39%, which is lower than the 44% in the same period. In the first half of the year, before April, it was above 50%, and it fell by about 20% in June, and the number of transactions was relatively balanced, and the first quarter was abnormally active, and the number of listings increased sharply after August, rising to 6 in December4.3 billion yuan, the transaction is still stable, and the last December showed a tail-end**. However, the turnover rate is still at a low level of 20%.
From the chart, we can vividly see the gradual upward trend of the number of listings, but the number of transactions remains at a certain level.
The data of the transaction quantity is basically the same as the transaction amount. The highest value occurred in December at 83 units, and the highest number of listings was 405 units, which was the same as last year.
The number of applicants remains high every month, with March and December being the peak of a cycle.
Finally, the transaction rate of many people's relationships is high, low and low, and in the end, about 20% is basically left in the second half of the year, although the average is 39%, but the next few months are concentrated in 20%, and the trend is diametrically opposite to 2022.
This is the summary of Dongguan's 2023 foreclosure data, the market sentiment is not as good as in 2022, but the chance of picking up leaks is obviously much greater, and the property market is expected to come out of the trough in 2024, and the market environment for foreclosure is expected to stabilize the property market together.