In February 2022, the transaction volume of the leasing market in 40 key cities nationwide increased by 103.6% month on month From Shell Research Institute

The following is the In February 2022, the transaction volume of the leasing market in 40 key cities nationwide increased by 103.6% month on month From Shell Research Institute recommended by recordtrend.com. And this article belongs to the classification: Chinese economy.

After the Spring Festival, the rental market will increase and the rental market will increase after the peak month of Spring Festival. In January, the activity of the leasing market in the national key 40 cities bottomed out in the off-season and showed a significant upward trend in February. According to the data of the shell Research Institute, the leasing trading volume in the national key 40 cities increased by 103.6% month on month in February, the leasing market in all cities increased by more than 30% month on month, and the market activity in more than 60 cities doubled, After Xi’an was unsealed, the market heat in February exceeded 70% of the peak heat last year. From the perspective of rent level, the rent level of 40 key cities nationwide in February was 36.8 yuan / m2. The rent index increased slightly by 0.9% month on month, 0.8% year-on-year, still 6.3% lower than the same period in 2019, and the rent level of first tier cities increased slightly by 1.4% compared with the same period in 2019. Nearly 80% of the 40 key cities still have rents lower than those in the same period before the epidemic, of which Xi’an rents remain slightly higher than those in the same period in 2019. The epidemic has little impact on Xi’an rents. In February, due to the Spring Festival holiday, the vacancy period of houses in key 18 cities was extended by 8.2 days, which weakened the confidence of owners in renting. In February, the average price of newly listed houses in key 40 cities fell by 5.2% month on month. In the first half of this year, the demand for “rent for silver” is expected to increase, and the “rent for silver” market is expected to remain hot in the first half of this year.

In February, the activity of the rental market in key 40 cities doubled month on month. The return of migrant population to the city increased the demand for new and rent change. At the same time, some rental demand restrained by the epidemic was released. In January, the activity of the leasing market in 40 key cities across the country bottomed out in the off-season and showed a rapid recovery trend in February. According to the data of Shell Research Institute, the trading volume of the leasing market in 40 key cities nationwide increased by 103.6% month on month in February this year. After reaching the peak of market heat in July last year, the leasing market has maintained a cooling trend for six consecutive months since August last year, and stopped falling and rising in February this year. On the one hand, after the Spring Festival holiday, the urban migrant population has returned to the city one after another, superimposing the arrival of the peak job hunting season after the Spring Festival, and the demand for new and rent changing and leasing has increased rapidly; On the other hand, the rental demand in Xi’an, Tianjin, Zhengzhou and other places previously restrained by the epidemic was released rapidly. From the perspective of transaction structure, in February, the transaction proportion of tenants under the age of 35 reached 64.4%, of which the transaction proportion of tenants under the age of 30 reached 43.0%. The transaction room type is still dominated by two rooms, accounting for 40.8%, followed by one room, accounting for nearly 30%.

Among the 40 key cities, more than 60% of the cities doubled their market activity in February, and the market heat in Xi’an exceeded 70% of last year’s peak. According to the data of the shell Research Institute, in February this year, the transaction volume of the leasing market in 40 key cities nationwide increased by more than 30% month on month. The transaction volume of the leasing market in 26 cities doubled month on month, with an increase of 100% or more. The leasing market heated up significantly. Among the 40 key cities, Xi’an had the largest increase in trading volume. Due to the serious epidemic, Xi’an was closed most of the time in January, and the rental market operated at a low temperature. On January 24, Xi’an was reduced to a low-risk area, resumed normal traffic, released the restrained rental demand, and the rental market recovered rapidly in February. The trading volume in Zhengzhou, Tianjin and other places was also affected by the previous epidemic, with a large increase in transactions.

The rent of first tier cities is given priority to repair. In February, the rent of first tier cities increased slightly by 1.4% compared with the same period in 2019. According to the data of Shell Research Institute, the rent level of 40 key cities in China in February was 36.8 yuan / m2. The rent index increased slightly by 0.9% month on month, 0.8% year-on-year, and still decreased by 6.3% compared with the same period in 2019. From the perspective of cities at all levels, the rent level of first tier cities in February was 73.8 yuan / m2, and the rent index increased slightly by 1.2% month on month, maintaining a slight increase year-on-year, a slight increase of 1.4% compared with the same period in 2019. The rent levels of the new first tier cities and other second tier cities are 30 yuan / m2 and 24.4 yuan / m2 respectively, and the rent index is lower than that of the same period in 2019. The first tier cities mainly depend on their attraction to the migrant population. The rental demand remains strong and the rent recovers rapidly.

In February, the rent level of most of the key 40 cities did not recover, and nearly 80% of the cities were still lower than that in the same period before the epidemic. According to the data of the shell Research Institute, in February, the rent index of more than 80% of the 40 key cities in China rose slightly or basically flat month on month. The rent of most cities rose slightly year-on-year. Nearly 80% of the urban rent index is still lower than the level in the same period in 2019, including Dalian, Langfang, Changchun, Shenzhen, Hohhot, Shenyang, Zhengzhou The rent of 17 cities such as Dongguan in February is the lowest in recent four months from 2019 to 2022. The rent level in Xi’an was 26.8 yuan / m2, and the rent index increased slightly by 1.2% month on month, maintaining a slight increase year-on-year, still slightly higher than that in the same period in 2019. This short-term epidemic has little impact on Xi’an rent.

In February, owners’ confidence in renting weakened, and the average price of newly listed houses in key 40 cities fell 5.2% month on month. According to the data of Shell Research Institute, in February this year, the average listing price of houses in 40 key cities in China fell by 5.2% month on month, slightly increased by 2.7% year-on-year, and still fell compared with 2019. The weakening of owners’ confidence in renting is mainly due to the extension of the average vacancy period of owners’ houses due to the Spring Festival holiday. The average vacancy period of houses in the 18 key cities of the shell platform is at a high position, which is 8.2 days longer in February than in January. Some owners will choose to reduce the rent of houses in order to speed up the rental of houses.

It is expected that the heat of the rental market will keep rising in March, and the “golden, silver and four” job hunting season will increase the demand for rent change. After the Spring Festival holiday, the migrant population will return to the city and the peak job hunting season is coming. The new rental market and the rapid increase in the demand for rent change and leasing have doubled the rental trading volume of the country’s key 40 cities in February, and the activity of the rental market has increased rapidly. In addition to rent change and rent change, job change is the second reason for tenants to change rent. Therefore, with the arrival of the “gold, silver and four” peak job hunting season, In the context of effective epidemic prevention and control, the demand for rent change in the rental market will continue to increase. In February, the number of new customers and listing of new houses on the shell platform will maintain an increase of more than 35%. It is expected that the rental market will keep heating up in March and usher in the peak of market heat in the first half of this year.

More reading: Shell Research Institute: the transaction volume of leasing market in 18 key cities nationwide increased by 26.8% compared with last week. Shell Research Institute: China real estate pre-sale fund supervision and Tracking Research Report. Shell Research Institute: the transaction volume of leasing market in Beijing increased by 35.1% month on month in February 2022. Shell Research Institute: July 2020 national new house monthly report. Shell Research Institute: January July 2020 Beijing new house monthly report Research Institute: from January to may 2020, the bond financing of real estate enterprises was 562.7 billion yuan, a year-on-year decrease of 4%. Shell Research Institute: in May 2020, the second-hand housing market in key cities continued to recover. Shell Research Institute: in May 2020, the online signing volume of second-hand housing in Beijing was about 15900 units, an increase of 20.5% month on month, Shell Research Institute: from March 9 to 15, 2020, the trading volume of the second-hand housing market in Lianjia 18 cities continued to rise rapidly, increasing by 64% month on month. Shell Research Institute: how does the epidemic affect the decision-making preferences of housing consumers? Shell Research Institute: Research on the kinetic energy of urban house purchase from the perspective of full circulation Shell Research Institute: 2021 China urban life circle vitality index Shell Research Institute: 2019-2020 housing rental report Shell Research Institute: from January to February 2022, the transaction area of commercial housing in 66 key cities in China was 29.07 million square meters, a year-on-year decrease of 39%. Shell Research Institute: second-hand housing owners are expected to increase in January 2021

If you want to get the full report, you can contact us by leaving us the comment. If you think the information here might be helpful to others, please actively share it. If you want others to see your attitude towards this report, please actively comment and discuss it. Please stay tuned to us, we will keep updating as much as possible to record future development trends.

RecordTrend.com is a website that focuses on future technologies, markets and user trends. We are responsible for collecting the latest research data, authority data, industry research and analysis reports. We are committed to becoming a data and report sharing platform for professionals and decision makers. We look forward to working with you to record the development trends of today’s economy, technology, industrial chain and business model.Welcome to follow, comment and bookmark us, and hope to share the future with you, and look forward to your success with our help.