The movement out of rental accommodation into homeownership continued in 2004 and the average
apartment vacancy rate for major urban centres rose from 2.2 to 2.7 per cent.
For example, the national
apartment vacancy rate in the top 50 U.S. markets rose to 6.8 % in the second quarter of this year from 5.9 % during the same period a year ago, according to Reis Inc., a New York - based research firm.
After peaking at 8.0 percent in the first quarter of 2010, the
national apartment vacancy rate declined 240 basis points to 5.6 percent as of the third quarter of 2011, according to Reis.
The current job situation combined with the
lowest apartment vacancy rates in recent history and increasing rents nationwide make it more important for recent grads to evaluate their prospective career and living opportunities on a holistic level.
Areas of the country
where apartment vacancy rates are especially low are New York City and San Diego; cities where vacancy rates remain high are Houston and Memphis, Tenn..
San Diego had the second - lowest
apartment vacancy rate in the country at about 2.4 percent in the fourth quarter, according to property - research firm Reis Inc..
CMHC also said in its fall rental market survey that the average rental
apartment vacancy rate for Canada increased slightly to 2.8 per cent from 2.7 per cent in October of 2013.
Vancouver's Burrard Peninsula, for instance, has a rate of 5.8 per cent while Toronto's core is at 4.3 per cent, according to the numbers unveiled for the first time by CMHC, in its latest report on
rental apartment vacancy rates.
Here's how development opportunities look in the metro areas with the lowest
current apartment vacancy rates, according to market analysts and economists from property management software provider RealPage, data firm Yardi Matrix and brokerage firm Marcus & Millichap.
This morning's release on
the apartment vacancy rate and median asking rents was a true «Holy Cr*p!»
Meanwhile
the apartment vacancy rate declined back to its generational low:
According to real estate marketing information provider Reis, Inc.,
the apartment vacancy rate between July and September increased by more than 4 percent from the previous quarter, Bloomberg reported.
The apartment vacancy rate edged up to 4.7 % in the first quarter, up from 4.6 % in the fourth quarter of 2017, according to data released by Reis Inc..
As a result,
apartment vacancy rates are declining and rents are rising at faster rates.»
In addition,
apartment vacancy rates in neighborhoods bordering downtown D.C. are at 1 %.
Still,
the apartment vacancy rate registers 12 %, nearly twice the norm of 5 % to 6 %.
NEW YORK (Reuters)-
The Apartment vacancy rate in the first quarter fell to its lowest level in more than a decade, and rents posted their biggest jump in four years, as Americans eschewed home ownership and renting retained its popularity, according to real estate research firm Reis Inc..
The Orlando area's
apartment vacancy rate for April was 4.6 percent in April, according to a report by Real Data Apartment Market Research.
Home and
apartment vacancy rates are 7.4 % in W Main Rd / Miantonomi Ave. NeighborhoodScout analysis shows that this rate is lower than 59.3 % of the neighborhoods in the nation, approximately near the middle range for vacancies.
That's why the city currently has
an apartment vacancy rate of less than 3 %, a record low, and why rents have skyrocketed.
As you can see in the chart above,
apartment vacancy rates in metro areas have fallen far below the levels seen prior to the financial crisis.
Apartment vacancy rates have been climbing this year — which could be why rents haven't climbed even faster.
Reis reported that
the apartment vacancy rate dropped to 5.2 percent in Q4 of 2011, down from their reports of 5.6 percent in Q3 of 2011.
«Unemployment is low, immigration is high and
apartment vacancy rates are tight.
For renters like the Kerwins, it might not seem like it, but the city's
apartment vacancy rate — famously pegged at 1 percent in a consultant's report published a year - and - a-half ago that looked at Buncombe and three other counties — is dropping, meaning more units are available.
The apartment vacancy rate is expected to be stable near its recent historical lows, while vacancy rates in the office, industrial and retail sectors are projected to edge down.
The apartment vacancy rate was 8 percent in 2009, compared to 4 percent in 2017.
Apartment vacancy rates are also expected to decline slightly in 2015 but reverse direction and rise slightly in 2016 and 2017.