East Bay Market Report July 2023
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 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 With high interest rates and economic uncertainty in the face of tech layoffs and bank failures, the San Jose multifamily market remains somewhat subdued. Hybrid working will remain a
Multifamily As of the second quarter of 2023, the San Francisco apartment market is showing signs of stability after the volatility of recent years. Vacancy has leveled off, albeit at
Multifamily Leasing has been waning sharply in the East Bay, and a wave of recent deliveries and additional supply expected in the coming quarters could give vacancies a higher ceiling.
Multifamily As of the second 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 Recovery in San Francisco has been slower than the national market, which improved rapidly in 2021. The city has the lowest return to office metrics in the nation.
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
Multifamily Despite recent price declines, the single-family housing market remains expensive. As a result, a significant portion of new households will continue to become renters rather than owners, creating a
Multifamily San Francisco is in a period of transition. Social and economic changes brought about by hybrid working, the aftermath of the pandemic, and a cyclical economic slowdown, are impacting
Multifamily The East Bay had been leading the Bay Area in housing development for years, consistently outpacing San Jose and San Francisco. New projects are typically aimed at higher-income renters,