Update: Portland and Seattle Metro Area Rent Growth Forecasts
Yardi Matrix reports the following:
January 2020 year-over-year rent growth
- Seattle 3.5%
- Portland – 3.8%
The Pacific Northwest outperformed the national average rent growth of 3%.
2020 Yardi rent growth forecast:
- Seattle – 5.8%
- Portland – 5.2%
Occupancy rates December, 2019:
- Seattle – 95.3%
- Portland – 95.2%
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