San Jose Daily Apartment Rent Series Shows Effect of Coronavirus on Seasonal Trend

As the coronavirus pandemic and its effects on the broader economy take hold, CoStar's daily asking rent series is capturing a unique look at changes in apartment rental demand. With a three-week regional shelter-in-place order in California through April 7 encompassing six Bay Area counties and significant job losses already being reported, the prospects of achieving expected seasonal rent growth are all but gone.