With the return of the foreign population to the city after the spring season, the increased demand for new and alternative rents brought on by the “golden four” job-seeking season and the significant rise in the rent market in beijing. By march, a number of areas had continued the “young spring” trend, with rents accelerating the pace of trade and a more dynamic market, although, according to institutional statistics, as the second full month after the spring season, the march lease market had fallen more hotter than in february。
Looking forward to april, industry figures suggest that the “singling spring” of rents is over, according to conventional market patterns, and that the volume of housing rental market transactions in beijing is expected to decline from march。
The continuation of the little sun spring movement and the acceleration of the rhythm of some areas
In the real estate brokering sector, after the spring season, there are brokers specializing in leasing, in addition to buying and selling brokers, such as xue wei. Xue wei, the director of rentals at the 21st century real estate house in shenzhen, told journalists that, according to the current volume and performance of contracts, the sea dynasty river business circle continued its “young spring” lease in february, with a more active rental market and a marked increase in the total number of tenants, especially since late march. At present, however, the majority of rents are made mainly by employees, who rent in the vicinity of several technology parks near their doors and white collars, but whose psychological expectations are relatively low, seek cheap, clean houses。
For real estate agents, reading is one of the most important of the daily quantitative indicators. According to xue wei, as the rental market has been active, their performance has increased. In march, the five-day working day with a per capita view of two to three groups, and on weekends with a per capita view of one group per day, double the average per week compared to february and earlier。
Of these, the busiest is on saturday, and the work is basically organized in such a way that after morning meetings and focus on the house, clients are expected to visit the house, and sometimes have no time to eat at noon and can have lunch until afternoon; when they have taken them, colleagues who need to be with their clients will also help. During the month of march, the busiest was the two days of 18-19 march, when every broker in the shop was busy, mainly by showing and signing。
The increase in the number of tenants has been accompanied by a marked acceleration in the pace of trade. According to xue wei, clients who came to consult on the same day, if they had a suitable home, the tenants would have booked the same day, at the latest within a week, with a marked increase in the frequency of the contracts and a subsequent increase in the number of contracts。
In march, the leasing market for industrial circles was also active. According to happiness square in the 21st century, the rental market was roughly the same in february and march, with the emergence of a “young spring” situation, such as the busy day of march 18, when three leases were made. Some of the tenants contracted were temporary tenants who had sold their houses to improve their accommodation, and others were parents who had rented houses near schools to facilitate their children's schooling。
In the seaducie mountains region, according to she mengqing, the director of the maple house branch in beijing's mid-occidental west war zone, the overall rental market in the region was relatively stable in march, with four brokers working on a full-time basis, with an average of 6-8 units per day, a figure that would be slightly higher before the spring festival and in february. In addition, before the comparison, the current lease cycle had been shortened。
In march, the agency leased the condensation ring back down
While march has largely continued the “sun springs” after spring, there have also been some setbacks compared to february. “the number of house rentals is about 20 per cent lower than in february and may have been nearly recovered in february due to the need for rental accommodation for those who returned to kyoto earlier this spring, after spring”. The five-track regional renter, li kosei, is a beijing chainer。
At the same time, however, li chongcai pointed out that the overall rental market in the sea dynasty region in march was not bad, and that the current renting group was mainly the white-collar class of nearby companies, with the larger share being open and one-room. In accordance with the annual practice, the lease peak in the zone is june-august of each year, at which time a large number of rents will be made available for the graduation season and tenants will be able to facilitate the attendance of their children near school。
In terms of the overall volume of institutional transactions, statistics from the beijing chainers institute show that, as the second full month after the spring season, the temperature of the march lease market declined in comparison with february, but, owing to the larger number of days in march, the monthly transaction size was roughly the same as in february, with a sharp decline compared to the same period last year。
In response, the pci analysts analysed that the decline in the heat of the rental market in march was normal and that the market was gradually clearing as the demand for back-to-work and start-up was released, thus slowing the pace of trade. This process occurs every year, except earlier this year than in previous years。
I also love the statistics of my research institute, which showed that, in march, i loved the decline in the round-the-ring of transactions in the housing rental market in beijing, although the cumulative volume of transactions in january-march of this year was slightly higher than it was in the same period last year. Since february, the housing rental market in beijing has warmed up faster, and the market continued to warm in march. Although the volume of transactions declined slightly from february, the cumulative level during the year was better than during the same period last year, and the rental market was generally better。
In terms of rent, 58 data from the consort and tenancy platform show that the average monthly rent on the march rental market in beijing was $110 per square metre, the rent rate was slightly lower by 3. 5 per cent and the new lease listing was 1. 4 per cent higher。
According to the beijing chainer institute, the march rent fell slightly compared to february, mainly due to structural factors. It noted that lower back-to-school demand in march had resulted in lower transaction ratios in central urban areas, leading to a structural decline in average rents throughout the city. In addition, due to the relatively high rent prices in the centre of the city, some of the rental requirements were spilled over into the outlying areas. This has had two effects, on the one hand, by strengthening structural factors and, on the other, by leading to small increases in rental prices in some outlying urban areas, but the increase is generally manageable owing to its low rental base。
Beijing lease turnover or downward trend in april
So, what will happen to the beijing leasing market in april
Shemenqing analyses that, as far as the western mountains are concerned, the source of rental housing for villas is relatively stable, with more expected for residential housing. In conjunction with past market deals, rents are expected to be better at the end of april-july, mainly because of the start of the new school term, with some parents coming to rent early. According to xue wei, the rent market in the qinghu business circle in april is expected to continue well, at a faster pace than in march, with more demand from clients and further warming. However, there are also a number of zone brokers who do not appreciate the next april, and believe that the lease market will be in a stable state in april with the peak of the deal。
From an analysis of the overall market, the cold would point out that, according to the seasonal pattern of developments in the leasing market, the post-mortem “sun spring” ended and it is expected that lease turnover and rental prices will remain on a downward trend in april until the hot season starts in june。
I love my institute's analysis that in april, according to normal market patterns, rents were over, that the beijing housing rental market was expected to fall somewhat more than last month, that rent rings were stable and small, and that they were expected to remain at the same level as the previous year。
