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Rents dipped nationally, but what about in the Bay Area?

BAY AREA (Paywalled Article) - In a welcome if slight change after years of soaring prices, rents this year have declined across much of the Bay Area and beyond.

The median asking price for rent fell 4% from $2,963 to $2,844 in the San Francisco-Oakland-Hayward region this May compared to last May, while prices rose 1% from $3,314 to $3,347 in the San Jose-Sunnyvale-Santa Clara region, according to a new report from real estate website Realtor.com.

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