While the second-hand house market has experienced a marked rise in the heat of the new deal, the beijing rental market has experienced a seasonal fall. On 8 october, journalists learned from several housing brokers in beijing that, as the market moved into a dry season, the rent market in beijing declined in september and that the volume of transactions was significantly lower than last month, but still better than it was in the same period last year。
In september, at the beijing lease market, okay
According to the hanyang business circle, “the number of leases and rents in september was almost equal and the number of listings was reduced compared to august”. East deok-kyu, 21st century real california watershire square shop。
“in september, the regional leasing market showed a downward trend. In terms of turnover, after the market peaked in august, the rent market began to show off during the off-season period, and in terms of rent levels, after three consecutive months of rising rents in beijing in june, july and august, there was a downward trend in september.” according to jean-claude, the renter of the beijing chainer's new city international centre store a store, the number of tenants in her region decreased in september, the length of space available in rental sources was prolonged, the tenants had more options for alternative sources, and the lessor received such signals to adjust the rent appropriately for rent as soon as possible。
In terms of trade volumes, i love the statistics of my institute, which showed that in september 2024 i loved my family's housing rental transactions in beijing, which had decreased significantly compared to last month, although they were still significantly higher than last september. In september, the housing rental market in beijing slowly transitioned to a less seasonal period, with rent market activity declining, significantly lower than in august, but still better than in the same period last year; cumulative transactions in january-september were higher than last year, and cumulative transactions continued to be good。
In terms of rent, i love the statistics of my institute, which shows that i love my family's entire lease deal for long-term apartments in beijing, the average rent per square metre in september and the average rent per set of rents dropped significantly in comparison to the ring. The average rent in the housing rental market in beijing also entered the lower road as the market moved into the less developed season and the average rent in the housing rental market, which was lower than last month and the same period last year, but the overall rent volatility remained stable。
In september 2024, the average rent for residential housing in beijing city was 88. 6 yuan/m2 per month, a decline of 0. 71 per cent in the ring ratio, which was higher than in the previous month, and a decrease of 3. 91 per cent in the same year, an increase of 0. 52 percentage points over the previous month. Overall, the housing rental market in beijing continued to fall in heat in september and the market continued to adjust. In terms of performance by sector, of the 16 districts, only a 0. 3 per cent increase in the ring of the gutter; a drop of more than 1 per cent in the ring of haydam and east city; and a drop of less than 1 per cent in 13 districts, such as the hausai and the meekun。
In industry: the lease market will continue its trend in october
With regard to the subsequent developments in the rental market, i love the institute’s belief that the beijing housing rental market will continue to fall seasonally in october 2024, and that the rate of decline will increase month by month, and that the turnover will continue to decline more significantly than last month, but it is expected that the overall market will remain better than last year’s. With the downfall of the market, the average rent ratio is expected to continue to fall in october, and the rent level will remain below that of the same period last year。
The general manager of the institute's index research department, cao jingqin, stated that, with the meeting of the central political bureau of 9/26, “to promote a stable real estate market”, housing rents were expected to slow down as housing prices fell. At the same time, the meeting of the central political bureau clearly stated that “a combination of consumption promotion and livelihood promotion, increased incomes and higher consumption structures for low- and middle-income groups” would help to stabilize income expectations and would have a positive impact on the housing rental market. In the short term, the policy remains to be transmitted for some time, and no significant change in the basics of the residential rental market in beijing is expected in october, with average rent levels in beijing or the continuation of small fluctuations。
I'm a reporter, yang zheng
Editor, textual ping
