February 25, 2026
Matrix Multifamily Seattle Report-February 2026
Seattle’s solid occupancy
Seattle’s occupancy rose 30 bps YoY to 95.5 percent in November as deliveries moderated. Yet advertised asking rents fell 0.9 percent YoY through December, in contrast to the flat U.S. average. Investment rebounded, with the average price per unit registering gains.
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