Portland Multifamily Vacancy Tightens to 8.5% as Development Pipeline Shrinks 66%

Average sale prices decline 9 percent year-over-year while net absorption reaches 392 units in fourth quarter Portland's multifamily market posted improved fundamentals in the fourth quarter of 2025 as vacancy rates compressed and the construction pipeline contracted sharply, according to Kidder Mathews' latest market report. The metro area recorded 392 units of net absorption during […]