Saturday, 17 October 2020

San Francisco rents continued unprecedented slide

Rents are free-falling in the country’s most expensive market. The median monthly rate for a studio in San Francisco in September was $2,285 per month, Bloomberg reported, citing data from Realtor.com. That’s 31 percent lower than it was a year prior. In comparison, rents fell about 0.5 percent nationally. Median rents for one-bedroom units were down about a quarter year-over-year, while two-bedrooms dropped in price by 21 percent, according to Realtor.com. Santa Clara and San



source https://therealdeal.com/2020/10/17/san-francisco-rents-continued-unprecedented-slide/

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