China News Service, Beijing, May 19 (Peng Jingru) On the 19th, 58 City and Anjuke released the "April 2020 first-tier and new first-tier cities rental trends report" shows that after the epidemic, the rental market has gradually recovered, the first line The rental market with new first-tier cities is gradually recovering.
Will the recovery in the rental market drive rents up?
Beijing's renting heat rose 31% month-on-month, ranking first among first-tier cities
In Guangzhou, Shanghai, Shenzhen and Shenzhen have all experienced a significant increase in rents in first-tier cities. Among them, Beijing's month-on-month gains topped the list.
The data shows that Beijing, Shanghai, Guangzhou, and Shenzhen's renting fever in April rose 31%, 7.1%, -3.0%, and 3.3% from March. Beijing Dongcheng, Fengtai, Haidian, Changping, Daxing, Shunyi, Fangshan, Shijingshan, Miyun and Huairou all rose more than 20%.
58 Anju Guest House Research Institute released the “Heat Map of Beijing Rental in April 2020” on the 19th.
Corresponding to the increase in Beijing's rental housing fever, the number of new homes in Beijing rose by 31.4% in April compared with March. Among them, Miyun and Huairou increased the number of new homes by 186.3% and 240.3% month-on-month, further confirming the continued recovery of the Beijing rental market.
Guangzhou is the only city in the first-tier cities that has seen a decline in rental fever. In April, rental fever fell by 3.0% month-on-month. At the same time, the average rent in Guangzhou's leasing market also fell to a certain extent, down 0.6% month-on-month.
However, it is worth noting that the number of new housing listings in Guangzhou showed a 28.9% month-on-month increase, of which Huangpu District had the highest month-on-month increase of 75.9%.
In the new first-tier cities, Tianjin's renting heat rose 16.5% month-on-month
Among the new first-tier cities, Tianjin's renting fever is the most representative with a 16.5% month-on-month increase. Among them, the Heping District led the way with a 42.7% increase, followed by Nankai, Wuqing, Hongqiao and the Development Zone. In terms of new housing listings, Tianjin rose 56.6% month-on-month in April, and Binhai New Area and Ninghe even experienced a two-fold increase.
In addition to Tianjin, the popularity of renting houses in Changsha also rebounded, rising 1.4% month-on-month in April. The number of new homes rose by 19.3% month-on-month, of which Yuhua, Tianxin, Kaifu, Ningxiang and Changsha counties all saw a 20% increase.
Data map: a corner of Chengdu city. Photo by Liu Zhongjun
Chengdu, a net red city among the new first-tier cities, saw a slight decline in renting in April, a 4.1% month-on-month decline. However, unlike the popularity of renting houses, the number of new homes in April rose 61.7% from March. Among them, Pujiang's sharp increase of 128.9% is much higher than other regions, and Wuhou, Jinniu, Chenghua, Qingyang, Jinjiang, Shuangliu, and Pengzhou also all showed a 60% increase.
In April, the number of new homes in Hangzhou outperformed that of Chengdu, with a 70.3% month-on-month increase, of which Gongshu even showed a 168.1% month-on-month increase, and West Lake and Xiacheng also saw a 90% increase. However, in terms of renting popularity, Hangzhou fell 7.6% month-on-month in April.
The rent market is hot, will the rents also rise?
The report shows that in terms of rents, in the first-tier cities, Beijing's leasing market has risen steadily, with a slight increase of 1.5% month-on-month; Shanghai is generally stable except for Jiading, Fengxian, and Jinshan, which have experienced more than 10% month-on-month increases. In April, Shanghai's average rent increased by 0.4 %; Guangzhou's popularity and rents have fallen together, and the average rent has decreased by 0.6%; the average rental in the Shenzhen rental market has not fluctuated significantly, rising by 0.2% in April.
58 President of the Anju Guest House Research Institute Zhang Bo believes that the rebound in the renting fever in April is a reasonable reflection of market demand after the epidemic, especially the increase in the popularity of Beijing and Shanghai shows that the crowd returned to normal production and life in April. Affected by the epidemic, the overall income growth is expected to be weak, pushing the renters to expand to the outer suburbs of the city.
Among the new first-tier cities, the rental market in Chengdu has risen steadily, with average rents rising 4.2% month-on-month in April; Hangzhou's average rents have risen to a certain extent, with an increase of 2.6% month-on-month in April; Changsha has not experienced major fluctuations, but has a slight month-on-month increase in April It rose by 1.2%; with the increase in supply, Tianjin saw a slight decline in April, down 0.3% month-on-month.
“Although the rents in the first-tier cities showed an upward trend in April as a whole, the momentum for subsequent rent increases is still weak, and the operating pressure of long-term rental apartments is still relatively large.” Zhang Bo said that the second-tier cities have mixed rents and urban markets The environment has a direct relationship. With the stability of transactions, the leasing market will gradually restore stability. (Finish)