The "post-New Year rental surge" gains momentum, and the rental market in first-tier cities is collectively rebounding.

K-LinePoet · 2026-04-09T19:56:08+00:00

As the "post-New Year rental wave" arrives, the rental market in first-tier cities warms up, with the average residential rent in 50 cities increasing by 0.09% month-on-month in March. Industry experts point out that the activity in core industries and the stabilization of housing prices have driven rent increases.

K-LinePoet

2026-04-09 19:56:08

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As the “post-New Year rental wave” continues to gain momentum, signs of a rebound have appeared in the rental market of first-tier cities. According to data from the China Index Academy, in March this year, China’s housing rental market showed a phased improvement, with the average rent for residential properties in 50 cities increasing by 0.09% month-on-month, reaching the highest level in nearly 24 months. First-tier cities have become the main force driving the rental price recovery, with the average residential rent in March at 73.21 yuan per square meter per month, up 0.34% month-on-month. Industry experts say that the temporary activity in the housing rental market is related to the relatively active industries in key cities, especially properties with convenient commuting options near core industries, which indeed see rent increases. Additionally, the stabilization of housing prices has impacted rental prices and market expectations, becoming one of the driving factors behind rental fluctuations. (First Financial)

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