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Thursday, August 17th, 2006Bay Area Apartment Market Remain Strong
Northern California’s Bay Area is home to three of the 15 most expensive apartment markets in the United States, according to a report by Forbes.com. San Francisco was ranked as the third priciest apartment market in the United States, followed by the San Jose metro area in 12th place and East Bay, which ranked 13th. The average square-foot cost for newer apartments in San Francisco in the second quarter was $27.17 per sf, a 7.2% increase from Q2 2005.




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