San Francisco rent growth slows in August as inventory climbs

  • U.S. rents were up 5 percent annually in August, slowing from the 6-plus percent increases reported for the majority of the year.
  • San Francisco completions made up 4.3 percent of the total stock of homes in August.
  • San Francisco's total rent growth in 2016 by year-end is forecasted at 6.5 percent.

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The Yardi Matrix U.S. Multifamily Outlook for fall 2016 found that national rent growth has continued but slowed, while a couple bursts of job growth has helped propel the market forward.