🏅 Top traders

The Apartment List’s November 2023 Rent Report gives a depiction of changing rental market in San Francisco, California. The median rent across the city stands at $2,177, 4.8% lower than the same period of the preceding year while 0.9% down from the prior month. The reduction forms a part of a broader picture that evidence slowing down of rent growth in the state, as well as in the U.S on average. A cumulative decrease of 4.8% in rentals over the past one year. However, this was a significant increase of about 5.3 percent compared to the same time last year.

That is why California became among the top 100 American cities with the worst October’s rents growth which placed only #71 and showed the decline by 0.9%. An average cost would amount to $2,244 for a single bedroom and $2,537 for two bedrooms in a place for renting. a, b, c the figure shows how the rental market is changing now and renters may gain less expensive prices in comparison with other years. Nevertheless, the rental market is dependent on various aspects, and the future patterns of price increases may take unexpected twists.

Reference:

https://www.apartmentlist.com/rent-report/ca/san-francisco

I feel like people are not clicking on the link and checking the YTD movement

@lib_development I'm pretty sure most people just weren't looking at the market at all.