Behind the fall in rents in November policy is the interweaving of supply and demand with market cha

Mondo Social Updated on 2024-01-25

In November 2023, the average rental price of large and medium-sized cities across the country will be listed**, what is the secret behind this?Is it a change in market supply and demand, or the impact of policy adjustments?Whether you're a landlord or a tenant, this article will provide you with valuable information.

According to the latest monitoring by the Zhuge Data Research Center, in November 2023, the average rental listing price in large and medium-sized cities across the country was 3537 yuan, month-on-month **059%, a year-on-year increase of **025%。This data shows a clear trend: rents have both turned down year-on-year, and the activity of the rental market has dropped significantly. There are many factors behind this phenomenon and it is a sign that the market is undergoing a structural change.

First of all, from the perspective of **, the number of rents in November continued to grow, with a month-on-month increase of **1332%, year-on-year **1662%。This growth shows that the top end of the rental market is making efforts, and more houses are being rented out, injecting more vitality into the market. However, which areas, types, and qualities these increases are focused on are critical to explaining the reasons for rents. For example, if the new additions** are mainly from remote areas or old neighborhoods, they may have a limited impact on overall rent movements.

Secondly, the rent situation of different levels of cities has an important impact on the market trend. Rents in first-tier cities were 083%, and the second-tier cities were 047%, while the third and fourth-tier cities were 064%。These data reveal the relationship between rents and the level of urban development. Higher** rents in third- and fourth-tier cities may mean that the rental market in these areas is more mature and stable, and more resilient to external shocks. In contrast, rental fluctuations in Tier 1 and Tier 2 cities can be influenced by more factors.

When analyzing market trends, we cannot ignore the employment flow of college graduates. As more and more graduates choose to work and live in second- and third-tier cities, rental demand in these cities is likely to increase. Rental activity has increased in some second- and third-tier cities, which may be influenced by factors such as policy guidance, relatively low living costs and high development potential. This phenomenon will have an impact on the overall rental trend, which will stabilize or produce structural changes.

In addition, the signs of a "backward" market season and a slightly delayed off-season compared to previous years provide us with clues to understand the changes in the market. This could mean that the seasonal pattern of the rental market is changing, or that it is being influenced by other factors. For example, the transformation of the economic structure and the volatility of the real estate market may have an impact on the seasonal pattern of the rental market.

We must be cautious when it comes to the future. It is expected that under the influence of seasonal factors, the release of rental demand will decrease, and rents may continue to decline in December. However, whether this decline is short-lived or trending requires further observation and analysis. If the downturn continues, the rental market may face greater challenges, such as oversupply and rising vacancy rates. In addition, factors such as policy adjustments and changes in the economic environment may also have a significant impact on the trend of rents.

In general, the phenomenon of the average rental price listed in large and medium-sized cities across the country in November 2023 involves the interaction of multiple factors. When analyzing and understanding this phenomenon in depth, we need to make a comprehensive assessment in combination with specific data, case studies and market dynamics. Only in this way can we more accurately grasp the future trends and development direction of the rental market.

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