CoStar Insight

Will Austin

<div class="RichTextArticleBody"><div class="RichTextArticleBody-body"><p>California's East Bay has felt the pangs of a slow summer leasing season as rent growth fell alongside activity. Since 2020, July has only recorded positive rent growth once in 2021, when renter demand surged to a 20-year high point.</p></div></div>

United States

Analytics

East Bay Multifamily Market Rent Growth Sputters To Start Second Half of 2024

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The <b>CoStar Power Broker Awards</b> are based on transaction data included in CoStar’s commercial real estate database, the largest and most comprehensive database of commercial real estate information. The methodology used for all company and individual categories can be found <c>here</c>. A complete list of winners by market can be found <a>here</a>.

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CoStar has introduced a new market-based programme recognising the top sale and lease deals completed each quarter. All deals that closed during the previous quarter are evaluated by CoStar's research team, the largest professional research organisation in commercial real estate. The selected top deals and the real estate firms and individual agents involved in each transaction will be singled out for recognition each quarter. For the purpose of recognising the top property sales each quarter, CoStar uses estimated sale prices in cases where the actual sale price is not disclosed. The estimate uses sale prices of similar properties in CoStar's property sales database based on the type, age, general size and location as the subject property. All the winners can be found <a>here</a>.

CoStar has introduced a new market-based program recognizing the top sale and lease deals completed each quarter. All deals that closed during the previous quarter are evaluated by CoStar's research team, the largest professional research organization in commercial real estate. The selected top deals and the real estate firms and individual brokers involved in each transaction will be singled out for recognition each quarter. For the purpose of recognizing the top property sales each quarter, CoStar uses estimated sale prices in cases where the actual sale price is not disclosed. The estimate uses sale prices of similar properties in CoStar's property sales database based on the type, age, general size and location as the subject property. All the winners can be found <a>here</a>.

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East Bay Multifamily Market Rent Growth Sputters To Start Second Half of 2024

July Rents Fall by One Basis Point

Get In Touch
888-226-7404

East Bay Multifamily Market Rent Growth Sputters To Start Second Half of 2024

July Rents Fall by One Basis Point

Get In Touch888-226-7404

Get In Touch
888-226-7404