San Francisco Market Report October 2023
Multifamily Heading into the final quarter of 2023, the San Francisco multifamily market is showing signs of stability after the volatility of recent years. Net absorption and deliveries are both
Multifamily Heading into the final quarter of 2023, the San Francisco multifamily market is showing signs of stability after the volatility of recent years. Net absorption and deliveries are both
Multifamily Despite leading the region in population growth in recent years, the East Bay still offers more affordability than its cross-bay rivals of San Francisco and San Jose. For these
Multifamily As of the third quarter of 2023, the San Jose multifamily market remains somewhat subdued, as the continuing impact of high interest rates and economic uncertainty in the face
Multifamily Moving into the second half of 2023, the loss of workforce and population from the pandemic has only partially recovered. Unlike most other markets in the Bay area, apartment
Multifamily Deal flow and investment outside of a few market-moving transactions have slowed thus far in 2023, but the trend is likely not solely due to fundamentals. Debt costs continue
Multifamily Hybrid working will remain a prevalent trend for Silicon Valley employers, and most employees will likely be required to be in an office at least a few days a
Multifamily As of the third quarter of 2023, the San Francisco apartment market shows signs of stability after the volatility of recent years. Vacancy has leveled off, albeit at a
Multifamily Leasing has been waning sharply in the East Bay, and a steady clip of additional supply expected in the coming quarters could give vacancies a higher ceiling. There are
Multifamily As of the third quarter of 2023, the San Jose multifamily market remains somewhat subdued, as the continuing impact of high-interest rates and economic uncertainty in the face of
Multifamily Recovery in San Francisco has been slower than most other major markets, which improved rapidly in 2021. The trailing 12-month absorption for market-rate apartments sits at 1,900 units, compared