April 2, 2025
Matrix Multifamily San Jose Report-March 2025
San Jose Rents Decelerate, as Supply Stays Solid
San Jose’s advertised asking rents contracted for the fourth consecutive month., The 0.3 percent decrease on a T3 basis through January, to $3,145, was 20 bps more than the U.S. rate’s fall. Supply trends remained solid, with 4,592 units completed last year.
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