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Puget Sound apartment demand surges

At the start of the year, the region saw its strongest demand since 2022
CoStar Analytics
June 13, 2025 | 3:43 P.M.

Over the past 12 months, the Emerald City has seen its highest level of apartment demand in three years. The pace of absorption, the net change in occupied units from one period to the next, has doubled since reaching a nadir two years ago.

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