November 27, 2024
Matrix Multifamily Seattle Report-November 2024
Seattle Maintains Balance
Demand drove improvement in Seattle, with advertised asking rents up 1.2 percent YoY to $2,216, outperforming the 0.9 percent U.S. rate as of September. The occupancy rate also rose, up 20 bps YoY to 95.5 percent, as construction moderated.
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