Many places in China are "absent" in the peak rental season in March
China News Agency, Beijing, April 1 (Reporter Pang Wuji) The quarterly report on the rental market released by the Shell Research Institute on the 1st shows that in the first quarter, the overall activity of the housing rental market in 100 cities across the country increased, but due to factors such as repeated epidemics, most cities 3 The peak season of monthly rental is "absent", and the rent in Baicheng has been stable and falling month-on-month.
The picture shows a building group in Jiangbin, Fuzhou City, Fujian Province on March 27.
Photo by China News Agency reporter Zhang Bin
The report pointed out that the demand for migrants returning to the city after the Spring Festival, job changes or renting due to schooling after the Spring Festival is relatively strong.
However, in March, the epidemic situation showed many points, wide areas and frequent occurrences, and many places were affected by the epidemic prevention and control. In that month, the leasing transaction volume of 100 cities across the country increased by only 1.4% month-on-month.
From the perspective of cities, in the first quarter, 70 of the 100 cities saw an increase in the leasing transaction volume compared to the previous quarter, and the leasing market in 30 cities cooled month-on-month. Most of these cities are third-, fourth-, and fifth-tier cities.
In addition, affected by the epidemic, the rental market in first-tier cities such as Shanghai and Shenzhen and second-tier cities such as Suzhou, Xiamen, Zhengzhou, and Changchun also cooled down.
Among the provincial capital cities monitored by the Shell Research Institute, except for Zhengzhou, Changchun, and Hohhot, the leasing markets of the rest of the provincial capital cities increased in the first quarter.
It is worth noting that due to the impact of the epidemic, most cities did not usher in the traditional leasing season in March. Only 31 of the 100 cities in the country increased their leasing transactions in March by more than 10% month-on-month, and 41 cities saw their leasing transactions decrease month-on-month.
In terms of rents, the report pointed out that in the first quarter, the rents in 100 cities in China fell steadily and slightly, and the rents in more than 50% of the cities fell month-on-month.
According to the data, the rent level of 100 cities in the first quarter was 35.4 yuan per square meter (RMB, the same below), a slight decrease of 2.6% month-on-month and 2.8% year-on-year.
Among the 100 cities, the rent levels in 54 cities fell slightly in the first quarter.
Among them, among the first-tier cities, the rents in Beijing were basically the same month-on-month, while the rents in Shanghai, Guangzhou and Shenzhen all fell month-on-month.
Among the new first-tier cities, the rents in five cities including Chengdu, Changsha, Xi'an, Foshan, and Wuhan increased slightly or remained the same month-on-month, while the rest fell month-on-month.
The rents of cities in the Yangtze River Delta region in the third-tier cities rose slightly month-on-month, and the rents of most cities in the southeastern coastal, western and northwestern regions increased slightly or remained unchanged month-on-month.
From the perspective of transaction cycle, the transaction cycle of housing listings in Baicheng was 67 days in the first quarter, an increase of 16.1 days from the previous month and an increase of 4.9 days from the same period last year.
The difficulty of renting houses has increased, and the landlord's confidence in renting has weakened.
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