Puget Sound Apartment Deal Flow Collapses as Buyers Hold the Line on Pricing

First-quarter transactions fell to 58 across the four-county region, with sales volume down 63 percent from the prior quarter as cap rates pushed to a five-year high. Puget Sound's apartment investment market entered 2026 with the brakes firmly engaged. Buyers walked away from the negotiating table in record numbers during the first quarter, dragging transaction […]