In March, rental prices in San Francisco increased by 2.9% compared to the previous year.

“Single-family rent growth picked up for the third consecutive month in March, appearing to have bottomed out in December of last year…National trends are firming. Markets with large numbers of new rental units coming online showed softness in single-family rents, as these new units give renters some bargaining power. This can be seen in the single-family rent growth in Dallas, which showed an annual decrease of 0.5% in March” Said Cotality senior principal economist Molly Boesel.