China Financial Daily

Shanghai Expo drives the house rent
Spring March is the traditional peak season for Shanghai residential sales and leasing. The news reporters visited real estate agency and was informed that the Expo Shanghai residential leasing market, driven by the singular transactions there is significant increase over the previous year, rental levels are obvious rise, and the number plate price increases over the same period.

Rent increase far exceeds the housing price

With the economic upturn and the World Expo just around the corner, a large number of municipal personnel Dihu new lease needs to work to change the lease rent due for conduct also caused very frequent.

According to data provided by Century 21 Real Estate shows Caoyang in Putuo, Zhabei and Hongkou liangcheng Daning cross rail along the plate, etc., in March over the same period the previous month residential rental turnover growth of 34 percent in general, last month raised the rent level more than 10%. In which a wave of white-collar ranks of the absolute main leasing, accounting for more than a percentage of Qi Cheng; the students and teachers, relocated residents frequent the rental market in the near future. In the sales market, although the city in March second-hand housing turnover increased significantly, but the price level of each hot plate chain rose almost no increase or only 3% -5% lower than the same period, the rent increase.

Daning in the Zhabei plate, an early jump in price after the owner has not intention of the buyer, seeing the same availability rents up nearly 15% in March, the defendant’s listed for Letting availability, and the deal in two weeks .

Century 21 Real Estate Shanghai Rui Feng Tai Bao Yu Hu Ning branch manager, said the overall demand seems to push rent levels within the section last month rose 10% to about 5% price increase. Rental availability is currently a hot area of about 56 square meters of the two-compartment family public housing, and about 90 square meters of new houses, Room households times, very sought after.

Central Plains real estate information provided by the store also showed that in March the situation had been back in the sale lease back to the basic level over the same period in previous years.

21st century real estate, general manager of Shanghai Feng Ye Rui Hou Biao that the current rent levels, “compensatory growth”, and prices remained stable, potential home buyers into the rental market, waiting for opportunity to buy a house a certain extent. Shanghai stock of pre-base housing rent levels low, house prices rose sharply last year, has already experienced, is currently the rent increase of more than prices of the major reasons