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Bay Area Construction Increases in East Bay, Recedes in San Francisco, San Jose

Eastward Shift Not Surprising

By Bill Kitchens | Friday, November 17, 2017

 Bay Area apartment construction has shifted eastward recently, as Oakland apartment supply is increasing while San Jose and San Francisco construction is on a downward trend.

A RealPage report shows that Oakland apartment supply has totaled 6,200-6,800 on an annual basis for the past four quarters, while San Jose and San Francisco construction have fallen from 11,200 and 12,500 units, respectively, in 2015 to below 7,000 and 9,000 units this year.

Click here to read the full report on Bay Area apartment construction.

 

 

Bill Kitchens

Bill Kitchens

Market Analyst

Bill Kitchens is a Market Analyst with RealPage. Prior to joining RealPage, he spent two years with a management consulting firm specializing in executive search, board consulting and leadership strategy services. He holds a bachelors and masters in economics from the University of Texas at Dallas.

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