July 30, 2025
Matrix Multifamily San Jose Report-July 2025
San Jose Rents Recover, Supply Slows
Advertised asking rents in San Jose were up 0.6 percent on a T3 basis through May, to an average of $3,259, outpacing the nation by 30 bps. Supply growth returned closer to historic averages, with 1,597 units coming online in the first five months.
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