MultifamilyNW Apartment Report: Portland Area Rents Climb; Vacancies Increase
Yesterday, Multifamily NW released its Fall 2016 Apartment Report.
The survey includes data from nearly 73,000 units in Portland/Vancouver metro area’s 20 submarkets, along with units in the Salem, Eugene/Springfield and Bend/Redmond areas.
The data reflect an increase in the overall market vacancy rate and an average year-over-year rent increase of 10.5%.
A summary of year-over-year vacancy rates:
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