The phrase
"apartment occupancy" refers to the number of apartments that are currently being lived in or occupied by people.
Full definition
Taking a quick look at employment statistics shows that the correlation coefficient between employment and
apartment occupancy growth is 55 percent, but the coefficient between employment growth and rent growth is 70 percent.
Low single - family inventory and
high apartment occupancy suggests that these metros could absorb more apartment supply.
U.S.
Apartment Occupancy Drops, Rents Continue to Grow Multifamily occupancy dropped, especially in the luxury product segment, with a wave of new supply coming online during the colder months when leasing activity is seasonally slow.
KEY ACCOMPLISHMENTS •
Enhanced apartment occupancy rate from 60 % to 85 % through active marketing • Recruited 23 new residents during 2 months of initial hiring through optimized online marketing • Developed a website for marketing purposes and uploaded testimonials of satisfied residents that led to a 40 % increase in overall clientele
The biggest part of the story behind why
overall apartment occupancy reached a seven - year high was the rising occupancy at existing — primarily middle - market — inventory in just a handful of metros.
These include Austin, Greensboro / Winston - Salem, N.C., Houston, San Antonio and Charlotte,
N.C. Apartment occupancy in these metros grew by 20 percent or more from 2007 through 2015.
Apartment occupancy rates and rent growth levels ticked up in 3rd quarter 2013 in the nation's core 100 metros — keeping the industry in strong shape in advance of the oncoming pickup in supply.
If you relocate to an area of the country with
high apartment occupancy, you may find yourself paying more in rent in response to a competitive market.»
«The past few years have been booming in Atlanta, but with the technology decline there has been a noticeable increase in office vacancy rates;
the apartment occupancy rates have been touched by the decrease in the number of jobs created each year; all of which are affecting the retail market.»
The apartment occupancy rate averaged 95.5 percent at the end of 2017, according to Reis.
Apartment occupancies are soaring in these areas.
With those in use,
apartment occupancy could be lowered to a rate of about 80 percent.