A speaker at the MultifamilyNW Association breakfast last week predicted that 2014 and 2015 would see the end of an apartment market that is "out of balance," effectively eliminating the "landlord's market."
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MultifamilyNW Survey Results:
|
Area
|
Spring 2013 Vacancy Rate
|
|
Downtown Portland
|
3.42
|
|
NW Portland
|
3.34
|
|
Inner & Central SE Portland
|
2.85
|
|
Inner & Central NE Portland
|
3.89
|
|
N. Portland|St Johns
|
2.5
|
|
SW Portland
|
2.83
|
|
Outer SE Portland
|
3.17
|
|
Outer NE Portland
|
3.65
|
|
Troutdale|Fairview|Wood Village|Gresham
|
3.51
|
|
Clackamas
|
5.3
|
|
Lake Oswego|West Linn
|
5.43
|
|
Milwaukie
|
3.09
|
|
Oregon City|Gladstone
|
3.65
|
|
Wilsonville|Canby
|
3.83
|
|
Aloha
|
3.71
|
|
Beaverton
|
3.68
|
|
Hillsboro|N of Hwy 26
|
5.7
|
|
Tigard|Tualatin|Sherwood
|
2.73
|
|
West Vancouver
|
3.39
|
|
East Vancouver
|
3.44
|
|
|
|
|
Salem and vicinity
|
3.65
|
|
Eugene|Springfield
|
3.93
|
|
Bend|Redmond
|
2.07
|
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