China News Service, Beijing, February 9 (Reporter Pang Wuji) The traditional leasing off-season, combined with the impact of the short-term rebound of the epidemic, continued the cooling trend of the leasing market in China's key cities.
A report released by the Shell Research Institute on the 9th shows that in January this year, the leasing transaction volume of China's key 40 cities decreased by 28.8% month-on-month, and the leasing market in each city is now cooling down.
In the month, the transaction volume of the leasing market in over 80% of the cities decreased by more than 20% month-on-month, and the leasing transaction volume in cities such as Xi'an, Tianjin and Zhengzhou dropped significantly month-on-month.
In fact, after the rental peak in July last year, the housing rental market in China's key cities has maintained a cooling trend for six consecutive months.
Analyzing the reasons for the decline in the leasing market in January, the report believes that, on the one hand, due to the approaching Spring Festival holiday, migrants from cities have returned to their hometowns for the holidays, and most of the tenants are in a stable lease period, the driving force for changing leases is weak, and the leasing demand is relatively weak; On the other hand, due to the impact of the rebound of the epidemic in Xi'an, Tianjin, Zhengzhou and other places, some rental demand has been suppressed.
Although this year is the second year that many places have advocated in-situ Chinese New Year, many urban migrants spend the New Year locally, but this has not brought about a substantial increase in the demand for rent exchange before the Spring Festival.
It will still take time for rent levels to recover.
The report pointed out that in January, the rent level of the 40 key cities in the country was 41.8 yuan per square meter, and the rent index was basically the same month-on-month, with a slight increase of 1.0% year-on-year, and a decrease of 5.8% compared with the same period in 2019.
The analysis believes that changes in rent levels are lagging behind, and it will take time to recover to before the epidemic. Especially with the increase in the supply of affordable rental housing, the contradiction between supply and demand in the rental market tends to ease. In the long run, the overall rent level will continue to maintain. steady trend.
As one of the "stabilizers" of housing rent, affordable rental housing is expected to accelerate development.
The People's Bank of China and the China Banking and Insurance Regulatory Commission issued a notice a few days ago, clarifying that loans related to affordable rental housing projects are not included in the concentration management of real estate loans.
Xu Yuejin, deputy research director of the Index Division of the China Index Research Institute, believes that the concentration management of real estate loans restricts the scale of financial institutions' loans in the real estate field, and the targeted relaxation of loans related to affordable rental housing is conducive to financial institutions. The credit issuance of affordable rental housing projects promotes the multi-subject supply of affordable rental housing.
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