租购并举深化，政策驱动租房市场迈向"住有优居"

Core Viewpoint - The housing rental market is entering a traditional off-season, with a slight month-on-month decline in overall listed rental prices as new rental demand weakens [2][3]. Market Trends - The user base for rental housing has gradually surpassed that of new housing in online search scenarios, highlighting the increasing appeal of renting due to its low entry barriers, high flexibility, and cost-effectiveness [2]. - In October, the online rental demand in 40 cities decreased by 14% month-on-month, with first-tier cities like Beijing and Shanghai seeing declines of over 8%, and second-tier cities like Tianjin and Taiyuan experiencing drops exceeding 25% [3]. Rental Price Dynamics - The average monthly rent in 50 key cities was 34.57 yuan per square meter in October, reflecting a month-on-month decrease of 0.49%, with a cumulative decline of 2.45% over the first ten months of the year [3]. - The decline in rental prices is attributed to an increase in rental supply and the introduction of affordable rental housing, which typically has lower rents than market rates, thereby exerting downward pressure on overall rental prices [4]. Policy Impact - The implementation of the Housing Rental Regulations is expected to provide new momentum for the standardized development of the rental market, promoting the establishment of a dual rental and purchase housing system [3][5]. - The regulations aim to clarify responsibilities, enhance market supervision, and create a stable rental relationship, laying a legal foundation for the long-term healthy development of the rental market [6]. Future Outlook - The rental market is anticipated to enter a phase of "high-quality development" during the 14th Five-Year Plan period, with a focus on nurturing market-oriented and professional rental enterprises [9]. - The ongoing policy support is expected to enhance the quality of rental products and services, thereby promoting high-quality development in the housing rental market [8][9].