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Seattle edges up The average advertised asking rent was $2,226 through May, marking a 0.2 percent increase on a T3 basis that was 10 bps below the U.S. average. In the first five months of 2026, Seattle developers added 1,932 units, which amounted to 0.6 percent of existing stock, 10 bps behind the national rate of completions.
The average advertised asking rent was $2,226 through May, marking a 0.2 percent increase on a T3 basis that was 10 bps below the U.S. average. In the first five months of 2026, Seattle developers added 1,932 units, which amounted to 0.6 percent of existing stock, 10 bps behind the national rate of completions.
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