March 5, 2025
Matrix Multifamily San Francisco Report-February 2025
Advertised asking rents fell on both a T3 and a YoY basis as of December, dropping 0.4 percent and 0.5 percent, respectively. Both figures underperformed the national average. While Lifestyle accounted for 75 percent of 2024 deliveries, 51.5 percent of the units underway in December were in fully affordable projects.
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