According to the data of several institutions, many first and second tier cities, including Beijing, have seen a cooling trend in the housing rental market, with a decline in trading volume and rental prices. According to the chain data, compared with the off-season of the rental market last year, the rent in Beijing has fallen more this year, and the current rent level has fallen to the freezing point price since the beginning of 2018. In this regard, the shell Research Institute said that if the monthly per capita income of each city last year is taken as the income data and the whole rent of one bedroom is taken as the condition, the living rent in Beijing is still required to exceed 70%, and the freedom of rent is difficult to realize.
It is reported that the rental market in Beijing has gradually entered the off-season since September this year, and the volume and price have fallen for four consecutive months. According to the statistics of Shell Research Institute, in November this year, the chain home rental trading volume in Beijing decreased by 1.9% month on month, narrowing the decline. In the context of the continuous decline in transactions, the resistance to the rise of leasing increased. As of November this year, the monthly rent level of Beijing has fallen to 81.3 yuan / m2 per month after experiencing 'four consecutive falls', down 1% month on month and 2.8% year-on-year. Compared with the off-season of the rental market last year, the rent fell more this year, and the current rent level has dropped to the lowest level since the beginning of last year.
From the specific data, in terms of rent, compared with October, the rent in the sublease market decreased by 1.4% month on month, the rent in the whole rent market continued to decline slightly, decreased by 1.9% month on month, and the overall rent price in the market continued to remain stable. In terms of trading volume, the month on month data of the whole rent and sub rent markets decreased slightly. Since the end of August this year, the rental season has entered the end, and the market demand has shown a slow downward trend. Among them, the demand for sublease continues to decline, and the demand for whole rent is relatively stable.
According to the data released by the shell Research Institute, in July this year, the residential rent in Beijing reached the peak since this year, and the rent level once exceeded 90 yuan / square meter per month. However, this heat spread quickly. The rent level began to show a downward trend since August, and fell below 85 yuan / m2 per month in November, to 81.3 yuan / m2 per month.
The shell Research Institute has studied the concept of 'lease freedom' and issued relevant reports. The report shows that the average price of the whole rent of "one room, one living room, one kitchen and one bathroom" in the first tier cities is 4085 yuan per month and 1900 yuan per month in the new first tier cities. But from Beijing, the price will rise to 5319 yuan per month. If the monthly per capita income of each city last year is taken as the income data and the whole rent of one bedroom is taken as the condition, the living rent in Beijing is still required to exceed 70%, and the freedom of rent is difficult to realize.
The shell Research Institute believes that from the perspective of historical law, part of the rental demand after the Spring Festival will be released before the year, resulting in a slight recovery in Beijing's rental market in December. In November this year, the transaction in Beijing's rental market has shown signs of stabilizing. It is expected that the continuous downward trend of Beijing's rental market will end in December, and the trading volume will rise slightly, but the recovery is limited, and the monthly rent level is expected to stabilize.
Data show that among the ten districts with more transaction volume in November this year, the average rent of the whole rent in Shijingshan District of Beijing increased by 0.52% month on month. The average rent of Xicheng, Dongcheng, Haidian, Chaoyang, Fengtai, Changping, Shunyi and Daxing districts in Beijing showed a downward trend. Among them, the average rent in Shunyi District decreased by 10.35% month on month, with the largest decline, and the rent in other regions decreased by about 1-2%. In addition, the proportion of transactions with rents below 6000 yuan continues to expand, accounting for 70%. At present, the average rent of two bedrooms is 5947 yuan per set, which has fallen below 6000 yuan.
I love my research institute said that the real-time trading volume of the residential rental market in the 11 cities monitored in November this year decreased compared with the month on month, and the decline increased. The market continued to decline, and the overall market was still cold. The supply of new markets in first tier cities such as Beijing and Shanghai is still significantly tight. The viewing volume of multi city belt has increased compared with the previous month, but the growth rate is limited, and there is still downward pressure on the overall market. Industry insiders said that the overall tone of Beijing's rental market is stable and declining recently, which is expected to last until the Spring Festival.
Source: China business network