During the Olympic period, various travel agencies and tour operators are noting a slowdown in hotel bookings, with
overall vacancy rates of up to 35 %.
Memphis ended 2017 with
an overall vacancy rate of 14.8 percent, which is up slightly from where the year started at 14.5 percent — the highest level in three years.
Statistics Canada reported in 2012 that Canada's
overall vacancy rate was 2.8 % and of the major urban centres, Calgary's was the lowest at 1.3 %.
The overall vacancy rate is a mix: An underlying low single digit vacancy rate in KWG's Core portfolio, and a 20 - 30 % + rate in its more recently acquired Investment portfolio.
Asking rents are forecast to rise 2.6 percent this year to about $ 20 per square foot, while
the overall vacancy rate is expected to rise 50 basis points to 10.2 percent, according to Encino, Calif. - based Marcus & Millichap Real Estate Investments.
However, the outlier metros mentioned above had lower net absorption numbers, and similarly, higher
overall vacancy rates.
Six of the 12 markets display
overall vacancy rates below the national average and include: Vancouver (7.6 per cent), Regina (1.9 per cent), Winnipeg (6.9 per cent), Ottawa (5.9 per cent), Quebec City (4.4 per cent) and Halifax (6.3 per cent).
The overall vacancy rate for Twin Cities apartments is 1.8 %, while average rental rates are up 4.2 % to $ 628, according to data from Apartment Search Profiles.
In addition, the San Francisco Bay Area remains the tightest of the top 10 office markets with a 5.6 percent
overall vacancy rate, and vacancy as low as 2.0 percent in the Silicon Valley markets.
Cushman & Wakefield sees a largely positive labor market that will continue to drive strong absorption in industrial, although less than record levels in 2014 and 2015 leading to a 5.9 %
overall vacancy rate, some of the best conditions ever seen in the sector.
Net positive absorption of about 50,000 square feet (SF) improved
the overall vacancy rate to 7.4 %, Tucson's lowest mark since Q3 2008.
Memphis, the second largest commercial airline hub in the world, has
an overall vacancy rate of 3.3 percent, one of the tightest in the country, according to Cushman & Wakefield.
However, with the delivery of three new office buildings totaling 1.6 million sq. ft. of vacant space in the first quarter — Phipps Tower and 3630 Peachtree in Buckhead, and 1075 Peachtree in Midtown —
overall vacancy rates continued to rise despite the positive absorption numbers.
Slight positive absorption of 37,829 square feet (sf) occurred, ticking
the overall vacancy rate down to 11.9 % - 10.4 % downtown, and 12.3 % in the suburban Tucson market.
Brian Davis of Spark Rental also showed us that we need to fully understand a management company's marketing strategy and
their overall vacancy rates.
Q1 2017 saw a surge in rent and a slightly higher
overall vacancy rate as new, quality supply hit the U.S. office market.
The low new supply volume contributes to the continuing
overall vacancy rate reduction.
Not exact matches
«The
overall teacher
vacancy rate is 0.3 per cent and has remained under one per cent for the past 15 years.
The
overall teacher
vacancy rate is 0.3 % and has remained around or below 1 % for the past 15 years.»
The Department for Education says it recognises the challenges for schools but the
overall teacher
vacancy rate is 0.3 % and has remained under 1 % for the past 15 years.
«The reality is that
overall home building has been relatively healthy in the two big cities, and broadly in line with demographic demand — for example,
vacancy rates have held relatively stable at fairly tight levels.
Failure to provide all of the required information as stated in this
vacancy announcement may result in an ineligible
rating or may affect the
overall rating...
Providers enjoy job - embedded professional learning and coaching, guaranteed full payment for a negotiated number of subsidy slots at the gold
rate when the program maintains
overall 85 % monthly enrollment, assistance with recruitment to fill
vacancies, support with transitioning children to pre-k, and priority in District degree and scholarship programs and financial incentives for teachers.
Despite the construction activity, retail
vacancy rates are at its lowest point in a decade with
overall shopping center
vacancies dipping to 7.3 % during the second quarter, according to a CB Richard Ellis survey of properties 50,000 sq. ft. and greater.
So it's not surprising that with a 14.3 percent jump in imports during 2010, according to Mario Moreno, economist with The Journal of Commerce, the
overall national industrial
vacancy rate fell to 10.2 percent at the end of first quarter of this year, down from 10.3 percent at the end of 2010, according to Cushman & Wakefield.
The
overall national office
vacancy rate dipped to 9.3 per cent in the first quarter, compared to 10.1 per cent for the same period in 2010.
The
overall suburban
vacancy rate was 7.3 % at mid-year, according to Colliers Turley Martin Tucker.
Cities like Cleveland and Detroit have a lot of vacant houses
overall, but a relatively low
vacancy rate among active rentals.
Where else can the
overall office
vacancy rate cling tenaciously to the 10 % level while there is about 5 million sq. ft. of office space under construction or can industry developers add 15 million sq. ft. in one year...
Overall, the
vacancy rate is likely to remain low, but the high - end apartment segment is likely to experience more rent concessions.
Just to briefly mention them here, these factors include property market influences, relating to the strength and prospects of the local market, such as rent movements,
vacancy rate, absorption
rate, etc. and capital market influences including movements in interest
rates, returns in alternative investment vehicles and
overall uncertainty and volatility in financial markets.
Overall, the tightest markets tend to be relatively small: Corvallis, Oregon (with a homeowner
vacancy rate of 0.23 %), Lebanon, Pennsylvania (0.49 %), Billings, Montana (0.54 %), San Angelo, Texas (0.61 %), and Eau Claire, Wisconsin (also 0.61 %).
Speculative construction is once again taking place on a very modest scale, and a combination of tightening market conditions and sustained economic growth are expected to support healthy leasing activity, incremental gains in rental
rates and a continued decline in
overall vacancy.
Market fundamentals continue to improve, as demonstrated by a decline in
overall vacancy, and rising rental
rates have done little to deter retailers who are looking to expand and secure space in prime locations.
Overall, the
vacancy rate for retail space fell to 10.9 percent from 11.0 percent last quarter.
An additional 12 markets mentioned in the report have recovered from the recession, but are just now heading toward expansion, and are classified as being in the «recovery» phase, characterized by tightening market conditions and a shift in the supply / demand balance leading to reduced
vacancy rates, more balanced rental growth and a stabilization of
overall cap
rates.
For office, the report is positive, classifying 32 downtown areas as being in the «expansion» phase, which includes strong demand, tight market conditions leading to low
vacancy rates, robust rental growth and decreasing
overall cap
rates.
How does this manager's
vacancy rate compared to the
overall vacation rental
vacancy rate in the area?
When sublease space is factored in, the
overall suburban
vacancy rate fell to 23 percent during the fourth quarter, still high but lower than the 23.6 percent
rate of the third quarter, or 24.8 percent a year ago.
«
Overall commercial real estate leasing activity continued to grow in most markets during the closing months of 2012, which is modestly lowering
vacancy rates in all of the commercial sectors early this year.»
Although Chicago does not have the highest
vacancy rates of the metros studied, it does have the most
overall vacant units due to its large housing stock and 8.6 percent
vacancy rate.
To pinpoint these promising places, we started with the nation's 75 largest metropolitan areas and ranked them based on average monthly rent, median household income for renters, residential rental
vacancy rate and
overall cost of living.