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.
After peaking at 8.0 percent in the first quarter of 2010, the national
apartment vacancy rate declined 240...
Meanwhile
the apartment vacancy rate declined back to its generational low:
Not exact matches
Vacancy rates in both cities have
declined a little recently, but remain at high levels and could move higher as a large number of new
apartments comes on stream.
Vacancy rates for all
apartment buildings with 5 units or more
declined to 12.1 % from 12.5 % in the previous quarter, according a National Multi-Housing Council (NMHC).
As a result,
apartment vacancy rates are
declining and rents are rising at faster
rates.»
Even as new
apartment completions bring more supply to many markets, the multifamily sector will still likely see a
vacancy rate decline from 6.6 percent to 6.1 percent.
«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.»
Apartment vacancy rates also are expected to
decline in 2015 before rising slightly in 2016 and 2017.