Substantial Changes Shown in San Diego Regional Rental Market ...Middle East

Times of San Diego - News
Substantial Changes Shown in San Diego Regional Rental Market
A for rent sign. Courtesy of Southern California Rental Housing Association The Southern California Rental Housing Association released its Annual Vacancy and Rental Rate Survey, which revealed changes in the San Diego regional rental market.  The survey showed substantial increase in availability of rental units and a decrease in rents compared to last year. Vacancy rate went up to 6.36% in Spring 2024, up from 3.9% from last spring. The City of San Diego experienced a rise in vacancy rates within the region to 4.22% compared to 2.64% last year. The increase in vacancies can be linked to new properties on the market and higher rates in older properties. Throughout San Diego

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