Market Snapshot Austin Q1 2025

Market Overview

MMG’s report highlights a sharp decline in Portland’s multifamily sales volume, which dropped more than 50% from the previous quarter. Despite the slowdown in transactions, occupancy remained healthy at 94.9%, and annual rent growth was modest at 0.7%. The Vancouver submarket stood out, recording the only quarter-over-quarter absorption gains. While average effective rents across the metro held stable, the report signals a cautious investor climate influenced by rising interest rates and slower lease-up velocity.

About MMG

MMG Real Estate Advisors specializes in multifamily investment advisory and research services across the U.S. Their market reports combine institutional-grade data with strategic commentary, making them a go-to source for multifamily owners, operators, and developers. MMG provides granular submarket performance metrics and macroeconomic context that help shape investment outlooks.