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- Average sales price per unit continues lower, but the rate at which
it has been dropping over the past 2 years seems to be slowing
significantly.
- Rental rates, on the other hand, continue upwards. Rental rates
are up approximately 4%, year over year, countywide.
- Vacancy
rates are very low at approximately 3.6% countywide.
- Proposed new development in the pipeline continues at a subdued
pace of 9,937 units countywide.
- Good dynamics for new investors - prices down, rents up, low
vacancy, little new apartment development.
Contact Peter Scepanovic at 760.930.7940 for more information.
  San Diego Multi-Family Market Report - 2008Q1.pdf
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