According to CoinMeta, the Zhongzhi Research Institute reported that from January to October 2026, the legal auction market in 355 cities across the country saw a total of 654,000 items listed for auction, representing a year-on-year increase of 31.6%. Of these, 772,000 items were sold, with a year-on-year increase of 34.6%. The total transaction amount reached 255.28 billion yuan, up 19.0% from the same period last year. The overall clearance rate of auction items was 24.4%, which is 1.6 percentage points higher than in the previous year. The discount rate for sales was 74.3%, and the average transaction price was 5,021 yuan per square meter, an increase of 4.8% year-on-year. Shenzhen, Shanghai, Beijing, Hangzhou, Guangzhou, and Chengdu led in terms of transaction amount, with Shenzhen ranking first at 15.42 billion yuan, a clearance rate of 71.0%, and a discount rate of 92.4%; Shanghai followed with 11.08 billion yuan and a clearance rate of 79.4%; Beijing had 9.43 billion yuan and a clearance rate of 53.8%.