Just as Seattle-area rents went up for seven straight months earlier this year, apartment dwellers can watch another market streak—this time in their favor. Rents declined in September and again in October, falling the third fastest in the nation.
The November data from Apartment List makes it a third month in a row when rents declined month over month. This time, Seattle experienced the second-largest monthly drop of major metro areas in the U.S. with a -3.4 percent month-over-month rent decline and a -0.6 year-over-year dip. (Lexington, Kentucky, came in last at -4.4 percent month over month.)
What may be more interesting, however, is the picture
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