Not exact matches
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.
The number of
apartments available to rent could have proved difficult to find, with the
vacancy rate
dropping to 2.17 percent — its lowest in at least five years.
; •
Vacancy rates are expected to
drop in a range of between 1.2 and 3.7 percentage points for office, retail, and industrial properties and remain stable at low levels for
apartments; while hotel occupancy rates will likely rise; • Rents are expected to increase for all property types, with 2012 increases ranging from 0.8 percent for retail up to 5.0 percent for
apartments.
Reno's
apartment market is also thriving as
vacancy rates have
dropped below 5 percent with strong rent growth over the past year — and there's no signs of slowing down, according to PCCP.
Tell Marie Kerwin the city's
apartment vacancy rate has
dropped a few notches — meaning a lot more units should be available — and she may beg to differ.
Apartment vacancies dipped in 72 of the 82 markets Reis tracked during the April - through - June period,
dropping the U.S.
vacancy rate to 6 percent.
But since landlords are offering more perks like a month of free rent, that means fewer people are leaving their
apartments; the
vacancy rate also
dropped from the same time last month.