Saturday, October 22, 2016

Saturday Stats: San Jose rents are stabilizing

This will be good news for a lot of folks. San Jose is one of the largest cities where rent growth has slowed down. The rate of increase has only been 0.6% in the last year (Sep 2015 - Sep 2016). Given that we have some of the highest rents in the US, hitting the brakes may not be a bad thing. The major downside is that this will likely delay some major development projects in San Jose.

Source: RENTCafe Blog

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