Post-holiday, Beijing home rentals set to rise

Now that the Spring Festival holiday is over, home rentals in Beijing are expected to rise because of two factors.

One, the number of homes available for renting has shrunk; two, workers from interior areas have started to flock back to the country's capital. So, demand is expected to outstrip supply.

"A week into the Chinese lunar new year, there would be a growing number of potential tenants looking for rooms, and after two weeks, the market will become very active," said Liang Yanming, senior analyst at Hopefluent Real Estate Research, a branch of the Hong Kong-listed Hopefluent Real Properities.