HFO Multifamily Marketwatch® Q3 2025 Market Update 10/17/2025
HFO’s HFO Multifamily Marketwatch® Q3 2025 Market Update is now available.
The bottom line: Stabilization is here, and investor confidence is building.
Across the Portland–Vancouver metro, sales are up 34% year-over-year, rent growth has firmed, and construction activity is at its lowest level in more than a decade—setting up the region for a stronger 2026.
Key Highlights:
- Median pricing up to $176,865 per unit — values likely bottomed out
- Vacancy holding steady around 5.3% across the region
- Only ~2,000 units under construction – lowest since 2011
- Investor sentiment and deal volume are both rising
If you’re actively looking to acquire or would like a complimentary property valuation, let’s talk strategy.
We currently represent several off-market assets that may align with your investment criteria. Give our office a call at (503) 241-5541 to discuss.
Click the link to download our Q3 update: HFO Multifamily Marketwatch_Q3 2025
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