The invention relates to a concrete vibrating rod inserting and pulling speed regulating device for building construction, and discloses a speed regulating device. The speed regulating device regulates the inserting and pulling speed of a vibrating rod through a ratchet wheel and pawl structure, can form angle guide when the vibrating rod is inserted, and is characterized in that a supporting plate is of an annular plate-shaped structure, one ends of multiple connecting plates are connected with the bottom of the supporting plate at equal angles, the other ends of the connecting plates extenddownwards, bottom supporting feet are arranged at the other ends of the connecting plates, reinforcing ribs are arranged between the bottom supporting feet and the connecting plates, a balance weightring is located below the supporting plate and close to the other ends of the connecting plates, and at least three fixing frames are arranged on the supporting plate at equal angles; and the fixing frames are composed of two fixing plates, one ends of the fixing plates are fixedly connected with the top of the supporting plate, the other ends of the fixing plates extend obliquely upwards close tothe center line of the supporting plate, guide rollers are arranged on the fixing frames through roller shafts, a plurality of anti-skid strips are arranged on the guide rollers, and ratchet wheels are arranged at the positions, close to a supporting frame, of the roller shafts.