50城住宅平均租金年内跌超2%

Core Viewpoint - The housing rental market is entering a traditional off-season, with a slight month-on-month decline in overall listing rents as new rental demand weakens. The implementation of the Housing Rental Regulations is expected to inject new momentum into the standardized development of the rental market [1][8]. Group 1: Market Trends - In October, the online rental demand in 40 cities nationwide 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 declines exceeding 25% [3]. - The average monthly rent for residential properties in 50 key cities was 34.57 yuan per square meter in October, reflecting a month-on-month drop of 0.49% and a cumulative decline of 2.45% over the first ten months of the year [4]. - The decline in rental demand is primarily attributed to the end of traditional peak rental seasons, such as graduation and job-hunting periods, leading to a reduced influx of new renters [3][4]. Group 2: Policy and Regulation - The recent publication of the "Guidelines for the 15th Five-Year Plan" emphasizes the importance of standardizing the rental market and fostering market-oriented, professional rental enterprises to enhance industry regulation and service capabilities [1][10]. - The Housing Rental Regulations, which took effect on September 15, mark a significant step towards the legalization and standardization of the rental market, providing a legal framework for stable rental relationships [8][9]. - The regulations require real-name signing of rental contracts and mandate that contracts be filed with local property management departments, which is expected to improve market order and protect the rights of both landlords and tenants [9]. Group 3: Future Outlook - The rental market is anticipated to enter a phase of "high-quality development" during the 15th Five-Year Plan period, with a focus on enhancing the quality of rental housing and services [11]. - The market is expected to see a shift towards more institutionalized and professional rental enterprises, which will help improve the quality of rental products and services [10][11]. - The government is likely to continue providing policy support for the rental market, focusing on financial, market cultivation, and non-residential rental aspects to optimize supply and demand [10].