CFAH

Articles Filed Under: East Bay

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Asking Rents in Oakland Hold

Asking Rents in Oakland Hold

Having held in March, the weighted average asking rent for an apartment in Oakland was effectively unchanged in April as well, holding at just under $2,450 a month. As such, while the average asking rent in Oakland is now 7 percent higher than it was at the same time... Read More »

Index for Bay Area House Values Up Nearly 23 Percent YOY

Index for Bay Area House Values Up Nearly 23 Percent YOY

Having increased 2.4 percent in January, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area – which includes the East Bay, North Bay and Peninsula – ticked up another 3.7 percent in February for a year-over-year gain of 22.9 percent, three points above... Read More »

Bay Area Employment Within 3 Percent of Pre-Pandemic Count

Bay Area Employment Within 3 Percent of Pre-Pandemic Count

Having increased by a (downwardly revised) 8,100 in February, the net number of people living in San Francisco with a paycheck increased by 6,800 in March to 557,600, representing 52,600 more employed residents in the city than there were in March of last year and 78,900 more than in... Read More »

Office Vacancy Rate in the East Bay Eases, First Drop Since 2019

Office Vacancy Rate in the East Bay Eases, First Drop Since 2019

Having ticked over 18 percent at the end of last year, the office vacancy rate in the East Bay, not including Walnut Creek or further east, inched down to 17.3 percent in the first quarter of 2022, representing the first decline in the vacancy rate since late 2019 (at... Read More »

Asking Rents in Oakland Effectively Held in March

Asking Rents in Oakland Effectively Held in March

Having ticked down a little over 2 percent in February, the weighted average asking rent for an apartment in Oakland was effectively unchanged in March, holding at just under $2,450 a month, with a slight uptick in the average asking rent for two-bedrooms ($2,800) offset by declines for larger... Read More »

Index for Bay Area House Values Gains, Condos Inch Up

Index for Bay Area House Values Gains, Condos Inch Up

Having ended last year up 18.8 percent, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area – which includes the East Bay, North Bay and Peninsula – gained another 2.4 percent in January for a year-over-year gain of 20.9 percent, slightly above a... Read More »

Bay Area Employment Back to 96 Percent of Pre-Pandemic Count

Bay Area Employment Back to 96 Percent of Pre-Pandemic Count

Having been downwardly revised, the net number of people living in San Francisco with a paycheck actually slipped by a thousand in January but then rebounded by 8,500 in February to 551,200, representing 48,400 more employed residents in the city than there were in February of last year and... Read More »

Bay Area Unemployment Claims Near Pre-Pandemic Levels

Bay Area Unemployment Claims Near Pre-Pandemic Levels

While the number of new unemployment claims filed across the Bay Area inched up in January to 36,803, which was still 24 percent higher than in January of 2020, prior to the pandemic having hit the local economy, the number of new claims filed in February dropped to 26,414,... Read More »

Bay Area Employment Slipped in January

Bay Area Employment Slipped in January

Having increased by an upwardly revised 3,400 in December, the net number of people living in San Francisco with a paycheck ticked up by 1,100 in January to (a downwardly revised) 544,800.  But with an upwardly revised 564,200 people in the labor force, the local unemployment rate inched up... Read More »

Asking Rents in Oakland Slip, Inventory Still Up

Asking Rents in Oakland Slip, Inventory Still Up

Having ticked up 3 percent in January, the weighted average asking rent for an apartment in Oakland slipped a little over 2 percent in February to $2,450 a month, which is 7 percent higher than at the same time last year but still 8 percent lower than prior to... Read More »