Strong Absorption Keeps High-Supply Seattle in Great Shape
Posted February 6, 2017
in Local Markets , Seattle
In 2016, apartment completions in Seattle doubled the long-term norm. But the metro has absorbed new units almost as quickly as developers delivered them, keeping occupancy in the market tight and rent growth strong. But will that continue as new supply volumes are set to grow another 20% in the year ahead? MPF Research economists discuss the Seattle apartment market outlook in this Apartment Market Dynamics video.