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CBRE: San Francisco Apartment Rent Growth Affected by New Supply

August 5, 20161 Mins read271
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CBRE research, cbre ea and axiometrics, New Supply, Apartment Rent Growth, CBRE, San Francisco, Bay Area
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New apartment supply has surged in San Francisco, with more than 8,000 units delivered since 2011. The volume and concentration of this supply at the higher end of the market has caused occupancy and rent growth to flatten as tenant choice increases and urgency decreases. Average monthly apartment rents were $3,600 per unit in Q2 […]

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