November 27, 2024
Matrix Multifamily San Francisco Report-November 2024
Rents Down, Occupancy Up
San Francisco’s advertised asking rents were down 0.1 percent on a T3 basis through September, to $2,811, while the U.S. rate stayed flat. Demand was still solid, with the overall occupancy rate rising 40 bps YoY to 95.7 percent, signaling enduring demand.
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