The Seattle Metro includes a 40-mile radius from the Downtown area and has been one of the fastest-growing markets over the past 10 years. The market is in the top 10 in the nation, with rents growing by 8% year-over-year. However, more impressively, rent growth has outpaced the high-growth markets of San Francisco, San Jose, and Los Angeles. The region has also developed into one of the most diverse economies and is home to some of the largest technology companies, including Amazon and Microsoft, providing stability to the housing market.
Rent growth in the Seattle market has outpaced the high-growth markets of San Francisco, San Jose, and Los Angeles.
TMG Mid-Year Market Report - Seattle 2022 Q2Friday, July 1, 2022
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