China News Service, Beijing, January 15 (Reporter Yu Lixiao) Affected by the new crown pneumonia epidemic, the transaction volume of Beijing's housing leasing market has declined. In 2020, the transaction volume decreased by 10.84% ​​compared with 2019, and the average rent price fell by 7.7% year-on-year.

  According to the latest data from I Love My Home, in 2020, the monthly rent for the entire rental market in Beijing will be 87.87 yuan per square meter (RMB, the same below), down 5.35% year-on-year; the average monthly rent for the entire rental transaction is 5581 yuan, A year-on-year decrease of 7.7%.

  Looking at the whole year of 2020, the transaction volume of Beijing's housing rental market was the lowest in January and February.

As the epidemic was brought under control, trading volumes continued to increase from March to May.

Under the impact of the epidemic, the peak transaction season has also been postponed. The peak renting season in spring has been postponed from March to May, and the peak renting season in the graduation season has been postponed from July to August.

  In 2020, the high point of Beijing's housing leasing transaction volume will appear in May and August.

However, rent prices have broken the momentum of continuous rise, there has been a decline, and the whole year rent has declined.

  From the perspective of various administrative regions, in 2020, the average rent of the whole rent in the ten districts of Xicheng, Haidian, Dongcheng and Chaoyang, which have the most active transaction volume in the rental market in Beijing, will fall across the board.

Among them, Dongcheng District had the largest decline, down 7.5%; Changping District had the smallest decline, down 2.15%.

  Both the number of new housing listings and the source of new customers in the Beijing rental market declined.

Data shows that in 2020, the number of new housing rental housing units fell by 17.36% year-on-year in 2019, and the number of new customers dropped by 14.91% year-on-year.

In 2020, the ratio of the number of new listings to the number of new visitors is 0.31, which is slightly narrower than in 2019.

  In 2020, among the Beijing housing leasing customers, customers of Hebei origin accounted for the largest number, accounting for 18.82%, an increase of 1.18 percentage points year-on-year; customers of Beijing origin followed with 12.27%, a year-on-year decrease of 1.38 percentage points.

Subsequently, customers from Henan, Shandong, and Heilongjiang in turn.

  Why is the rent falling?

I love my family’s analysis that after the outbreak, the economy has been hit, people’s income growth has slowed, population mobility has been blocked, the number of new houses and new customers has both declined, and market activity has decreased. These factors have made it difficult for rental prices to rise. .

  Regarding the future trend of Beijing's housing rental market, I love my family’s analysis and believe that the epidemic has not changed the supply and demand structure of Beijing’s housing rental market. With the economic recovery, there is still room for rents to rise in 2021.

If the epidemic continues for a long time, the transaction volume of the rental market in 2021 will show a steady but declining trend.

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