50城住宅平均租金年内跌超2%

Core Insights - The housing rental market is entering a traditional off-season, with a significant decline in online rental demand across 40 cities in October, down 14% month-on-month [1] - Major cities like Beijing and Shanghai experienced a drop of over 8% in rental demand, while second-tier cities such as Tianjin and Taiyuan saw declines exceeding 25% [1] - The user base for rental searches has gradually surpassed that of new home searches in the online housing market [1] Summary by Categories Rental Demand - The primary reason for the decline in rental demand is the conclusion of traditional peak rental seasons, such as graduation and job entry periods in the third quarter, leading to a reduced influx of new renters like fresh graduates and migrant workers [1] - Additionally, labor mobility has slowed due to industrial upgrades in certain cities, and local rental demand has stabilized under the "work-live balance" policy, contributing to an overall seasonal low in demand [1] Rental Prices - According to data from the China Index Academy, the average monthly rent for residential properties in 50 key cities in October was 34.57 yuan per square meter, reflecting a month-on-month decrease of 0.49% [1] - Cumulatively, the average rent in these cities has decreased by 2.45% over the first ten months of the year, with the decline rate widening by 0.38 percentage points compared to the same period in 2024 [1]