Since this year, the rental market has also cooled down, following the new housing market. On 1 december, journalists learned that, according to data from the shell institute, the november lease of housing in china's priority 40 cities had decreased by 18 per cent. Of these, changsha has also fallen for two consecutive months since october。
Lease cycle longer than one week
On 30 november, ms. Shaw, who lives on the south-eastern beach of the vanguard of the frou district, was busy putting up the rental information, “previously, i had a 48-square-square-square-square-square rental, which was $1,500 a month. In march this year, the lease was successful two days ago. It's been almost half a month and there's little consultation. Is the market cold or bad luck?"
Starting in the second half of this year, two houses under ms. Shaw's name have been difficult to rent. She told journalists that not only did they make concessions of about $100 in terms of prices, but even the lease cycle had been longer than a week。
“although there is no clear division, the leasing market is now in a dry season.” an intermediary at the de yu property gate, located near sun river boulevard, e. G. In the surrounding district of gymony times square, rents in three rooms range from about $2,600 to $3,000 per month, although the overall rent level has not changed significantly, but there has been a marked increase in the lease cycle。
The turnover dropped by about 10% in november
Data show that in recent years the national rental market has been cooling down in cities, with harbin, zhengzhou, dalian and lanzhou cities having the largest circulation of more than 30 per cent. In terms of rent levels, the national priority of 40 cities was 39. 4 yuan per square metre in november, with rents still falling by 4. 0 per cent compared to the same period in 2019. From long sand, the turnover also fell by about 10 per cent。
“in november, the focus 40 city-source transaction cycle was 10. 3 days, 2. 3 days longer than the same period in 2019.” according to industry sources, rental difficulties have increased as the rental market continues to cool and the supply cycle has been extended in november. Following the epidemic, tenants have been given longer decision-making time in rental housing in order to reduce risks in the lease process。
According to industry sources, the rent market will remain cold in december, as the rent market is still in a low season and rental demand is weak by spring. In addition, in the absence of a rebound in the epidemic, lease demand is expected to be released in december in parts of the region that have been contained, and in some small areas there may be a slight warming trend in the rental market。
