Sentences with phrase «rental housing vacancy»

Rental housing vacancy rates are already low, and rents are rising.

Not exact matches

The 2018 provincial budget phases out the Saskatchewan Rental Housing Supplement (SRHS) on the grounds that higher rental vacancy rates make the program unneceRental Housing Supplement (SRHS) on the grounds that higher rental vacancy rates make the program unnecerental vacancy rates make the program unnecessary.
This has resulted in higher rental rates, as vacancy rates drop which, in turn, impacts housing market demand.
With a vacancy rate still hovering at more than 10 % since the housing crash, however, rent prices across NV may be decreasing soon to reflect the oversupply of rental units.
If you're among the 35 million American households who rent, here's some good news: the red - hot rental market of the past couple of years — fueled by home foreclosures, the uncertain housing market, and low vacancy rates — appears to tapering off.
With a vacancy rate still hovering at more than 10 % since the housing crash, however, rent prices across NV may be decreasing soon to reflect the oversupply of rental units.
The apartment rental market — multifamily housing — should see vacancy rates drop from 5.5 percent in the current quarter to 4.6 percent in the third quarter of 2012.
«With lean for - sale inventories and low rental vacancy rates, many markets have seen housing prices outpace inflation,» Nothaft says.
The vacancy ratio in this type of housing is 9.2 per cent, which is higher than the usual traditional rental market.»
From Canada Mortgage and Housing Corp., June 22 — «Vacancy rates and rent levels in the seniors» market reflect a different market makeup than the traditional rental market.
And while occupancy rates and rental prices have risen, the pipeline of new housing has been lacking, so vacancy rates have dropped to all - time lows in many parts of the country.
According to the HVS report, national vacancy rates in the fourth quarter 2016 were 6.9 percent for rentals and 1.8 percent for homeowner housing.
However, based on the (albeit few) properties I have analyzed, once we purchase a property and rent the other unit, it is likely to lower our monthly housing cost by around $ 200 - $ 300 / month (that's a conservative estimate) compared to our current rental situation - and that's factoring vacancy, saving for future repairs / maintenance, etc..
Vacancy rates are rising the most in the places were landlords are now motivated to buy and renovate homes to offer as rental houses.
· And according to Precarious: Temporary Agency Work in British Columbia, the rate of growth of short - term positions is significantly outstripping that of permanent ones: http://www.macleans.ca/economy/realestateeconomy/the-vacant-truth-about-rental-condos/ According to the Canada Mortgage and Housing Corp., the federal agency that insures lenders against mortgage losses while simultaneously serving as one of the main sources of real estate data in the country, the vacancy rate for condo rentals is just 1.3 per cent — about as close to zero as you can get.
Vacancies in rental properties are falling, and this sector is the driving force behind housing starts right now.
Cities like Cleveland and Detroit have a lot of vacant houses overall, but a relatively low vacancy rate among active rentals.
Therefore, in my experience, 3 - or 4 - bedroom houses tend to make the best rentals because they attract long - term tenants, which cuts down your vacancy expenses.
Tenants may think the government is looking out for tenant interests, but if that was true there would be no pandemic housing shortage, multiple offers, outrageous selling prices, extremely low vacancy rates, high rental tenant property taxes and eight - year affordable housing wait lists.
Persistent housing shortages and falling rental vacancy rates are behind the rising rates.
The housing shortage has driven rental vacancy rates to the lowest in living memory.
A new study says that rental housing supply will continue to diminish and vacancy rates will drop further unless at least 6,250 additional new rental units are built each year for the next decade in addition to new development.
But any disruption in the economy would affect the market for rental housing, leading to longer vacancies and lower returns on investment.
This dynamic, coupled with the low statewide rental vacancy rate of 1.5 percent, creates an extreme demand for affordable units at the low end of the market that isn't met by current rental housing stock.
«According to the Housing Vacancy Survey, the rental vacancy rate fell for the seventh straight year in 2016, dipping to 6.9 percent — its lowest level in more than three dVacancy Survey, the rental vacancy rate fell for the seventh straight year in 2016, dipping to 6.9 percent — its lowest level in more than three dvacancy rate fell for the seventh straight year in 2016, dipping to 6.9 percent — its lowest level in more than three decades.
The Denver rental houses are filled with vacancy rates lower than they have been in years.
«Rental rates have continued to rise year over year, while rental vacancies have steadily decreased since the burst of the housing bubble» (US News) Someone asked me if it was a buyers or a sellers market the otheRental rates have continued to rise year over year, while rental vacancies have steadily decreased since the burst of the housing bubble» (US News) Someone asked me if it was a buyers or a sellers market the otherental vacancies have steadily decreased since the burst of the housing bubble» (US News) Someone asked me if it was a buyers or a sellers market the other day.
A well - supplied resale market, and elevated rental vacancy rates, may have contributed to the decline in housing starts; however, these numbers can fluctuate from quarter to quarter, the report says.
New Hampshire Housing is required under RSA 204 - C: 8 - a to publish information on maximum restricted rents, utility allowances, vacancy rates, and capitalization rates to assist municipal tax assessors in appraising residential rental property subject to a housing covenant under the low - income housing tax credit program pursuant to RSA 75Housing is required under RSA 204 - C: 8 - a to publish information on maximum restricted rents, utility allowances, vacancy rates, and capitalization rates to assist municipal tax assessors in appraising residential rental property subject to a housing covenant under the low - income housing tax credit program pursuant to RSA 75housing covenant under the low - income housing tax credit program pursuant to RSA 75housing tax credit program pursuant to RSA 75:1 - a.
Company Description: Our software is a complete solution that includes features to support modern residential, commercial, student housing, and HOA and COA property managers: online owner and renter portals, single - click vacancy postings, online rental applications and leases, online rent payments, mobile inspections, online maintenance requests, text messaging to renters and owners, a convenient mobile app, robust accounting and reporting functionality, and more.
Washington, D.C.'s low median age of housing inventory (54 days, nine days less than the national average), even lower vacancy rate (5.20 percent, about 23 percent less than the national average), and moderately high annual job growth rate of 2.19 percent indicate that demand for housing there is and will likely remain quite strong, making D.C. a profitable market for rental real estate investors for quarters to come.
The board says it's worried there is not enough data or evidence to support the idea that a vacancy tax would increase the supply of rental housing.
New apartment complexes have been built all over the nation to provide more housing, and due to this high demand for rental properties and lower vacancy rates, rent costs have increased.
Some residents may not be able to afford another rent increase and may consider moving, even though the vacancy rate for SFRs continues to be low, with little competition from for - sale homes, rental apartments or other rental houses.
That explains why rental vacancies are falling and housing inventories are shrinking.
If the vacancy rate in the rental housing market is low, such demand increases will push rents and home prices up, since there is an inherent link between rents and prices.
(ATTOM tracks vacancies with data from the Post Office, which can confirm whether the mail is being picked up at the houses that ATTOM as identified as being single - family rentals.)
The apartment rental market - multifamily housing - should see vacancy rates ease from 4.0 percent in the first quarter to 3.9 percent in the first quarter of 2014; vacancy rates below 5 percent generally are considered a landlord's market with demand justifying higher rents.
(Offer your house furnished for + $ $) I stay aware of local market rental rates so I minimize vacancy.
On the strength of the surge in rental demand, rental vacancies have fallen, rents have climbed, and construction of new rental housing has picked up sharply, giving an important spur to the struggling residential construction market.
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