HFO Multifamily Marketwatch for Oregon and SW Washington

Multifamily NW released its Fall 2026 Apartment Report on Tuesday, October 13. Today, we'll cover the headline numbers on vacancy, rents, construction, sales, and interest rates. HFO is the report's market insights sponsor.  

This week, we're covering Opportunity Zones in Oregon and Washington, Seattle's apartment market, affordable housing costs, and rising Treasury yields.  

This week we have strong demand in Portland, a rent surprise in Clark County, rising permit fees in Seattle, and a tenant measure in Tacoma drawing money from both sides. We'll close with a save-the-date for our annual luncheon in January.

Today we're talking about something that doesn't sound like market intelligence: the outside of your building. Specifically, siding. But this issue can eventually show up in your closing statements.

Today is the Portland metro roundup, pulled from our summer newsletter. The cover feature is called The Quiet Part of the Cycle, and I think that title gets it exactly right.