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In the U.S. on average, rent prices for one- and two-bedrooms increased by 1.2% over the past month -- the first time monthly growth rates have exceeded 1% in the past 20 months, Zumper reported....
[80] [81] [82] In the rental market, California now has the lowest vacancy rate the state has ever seen, at 3.6%; [83] and while the median rent throughout the state for a two-bedroom apartment is $2,400, the median rent in coastal urban areas is even higher, surpassing $4,000 per month in San Francisco. [84]: 1
U.S. states and D.C. by median home price, February 2024 (in February 2024 dollars) [1] State rank State or territory Median home price in US$ 1 Hawaii: $839,013 2 California: $765,197 — District of Columbia: $610,548 3 Massachusetts: $596,410 4 Washington: $575,894 5 Colorado: $539,151 6 Utah: $509,433 7 New Jersey: $503,432 8 Oregon: $487,244 9
Stockton. Sept. Median Sale Price: $518,333. 3-month change in price: minus-$41,667. 3-month change in price: minus-8.04%. Stockton might not have the culture cache of other California cities, but ...
In contrast, the Central Valley and the Central Coast saw more moderate increases, with prices rising by 6.6% and 5.6%, respectively. ... with a 5.2% decline in median home prices. With the ...
Costa–Hawkins changed this by allowing an apartment owner the right to rent the vacancy at any price (i.e., usually the market price). [5] [6] In 2019, the California legislature passed and the governor signed AB 1482, which created a statewide rent cap for the next 10 years. [7]