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Seattle Apartment Deliveries Plunge 53% in 2Q 2026 as Construction Pipeline Thins Into 2027

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High angle aerial view of Puget Sound, seen from downtown Seattle.
Image by Ward DeWitt on iStock
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Seattle's multifamily developers delivered barely half the apartments they finished a year ago, and with only a handful of towers still racing toward completion, the region's construction engine is throttling down just as renters absorb space faster than builders can hand over keys. The Seattle metro absorbed 3,634 apartment units in the second quarter of […]

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