Midland: The average square footage of private homes fell by about 2.5% in December last month for five consecutive months

Real estate market

Written by: Huang Jie

2020-01-21 21:50

The average square footage of private homes fell for five consecutive months. Midland ’s “Rental Chart” The average rent per square foot of private homes in terms of saleable area in December last year was reported at about 36.52 yuan, a monthly decrease of about 2.5%. It has been in a row for 5 months, and is 4.7% lower than the July high. A new low of about 2 years since December 2017.

Liu Jiahui, chief analyst of Midland Realty, pointed out that with the further decline of private residential rents in December last year, it dragged down about 1.3% for the whole of last year. It is worth noting that the Midland Property Price Index first rose and then fell last year. However, it still recorded an increase of about 2.5% in the end, which means that the trend of property prices and rents diverged last year.

With the high rents falling, the monthly rental rate of 15,000 yuan or below increased. Based on the rental cases facilitated by Midland Real Estate, the monthly rent in the fourth quarter of last year was approximately 39.2%, an increase of approximately 5.7 percentage points from approximately 33.5% in the third quarter, and has become a lease again since the first quarter of 2017. The category with the largest service ratio.

In contrast, the residential leasing ratio of more than 20,000 yuan has dropped significantly, from about 36.7% in the third quarter of last year to about 33% in the fourth quarter, a decrease of about 3.7 percentage points. As for the monthly rental of more than 15,000 to 20,000 yuan The ratio also declined, from about 29.8% in the third quarter of last year to about 27.9% in the fourth quarter.

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