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King County Apartments Split as 33 Q2 Sales Total $357MM and 13,347 Units Stay Under Construction

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Apartment buildings in Seattle with the Space Needle in the background
Photo by Runkai Zhang on Unsplash
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Kidder Mathews' latest Puget Sound research shows King County's four apartment submarkets pulling in different directions in the second quarter of 2026, with East King posting the region's lowest vacancy, Seattle repricing on 24 trades and South King buyers demanding higher yields, while a 13,347-unit construction pipeline thins behind them.

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