Sentences with phrase «apartment vacancy rate for»

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.

Not exact matches

Vacancies for apartments in inner Melbourne and Sydney have stabilised at a relatively high level, and vacancy rates for newly completed apartments have increased sharply in recent months.
They have criticized the measure, which would up the vacancy decontrol threshold for when apartments re enter the open market by just $ 200, to a rate of $ 2700 a month.
Among those alleged «loopholes» are vacancy decontrol — which lets landlords to remove a unit from the rent stabilization program if the tenant dies or relocates — major capital improvement rules, which allows for permanent rent increases to pay for renovations and the preferential rent system, which permits landlords to charge a tenant less than the legally regulated rate for an apartment.
The state's expiring rent regulations could get the same treatment — though the new Assembly speaker, Carl Heastie, says he's going to make a stand for tenant - friendly changes like the repeal of «vacancy decontrol,» which allows landlords to charge market - rate rents after an apartment's price rises above $ 2,500 per month.
This list rewards communities that already have a strong immigrant population, employment opportunities, reasonable rental rates and apartment vacancies, considerations for any person looking to call Canada home.
For those living in Toronto or Vancouver — or in Regina, Thunder Bay and Calgary, where vacancy rates are an astonishingly low 1 % to 1.3 % — the possibility of finding a two - bedroom apartment for $ 1,600 in the downtown core may seem ridiculoFor those living in Toronto or Vancouver — or in Regina, Thunder Bay and Calgary, where vacancy rates are an astonishingly low 1 % to 1.3 % — the possibility of finding a two - bedroom apartment for $ 1,600 in the downtown core may seem ridiculofor $ 1,600 in the downtown core may seem ridiculous.
121,000 households call Orlando home, and the vacancy rate is up slightly which makes searching for an apartment a bit easier.
That's because the vacancy rate in Winnipeg is a slim 1.2 %, while average rents for a two - bedroom apartment are priced at $ 900 a month, making the return on such rental properties very appealing for real estate investors.
We also factor in the most current rental market information, examining things like average cost to rent a 1 - bedroom apartment and the vacancy rates for each city.
Apartments for rent had a vacancy rate of close to zero, while condominiums that are owned and not available for rent had a whopping 12.5 per cent vacancy rate in 2014.
121,000 households call Orlando home, and the vacancy rate is up slightly which makes searching for an apartment a bit easier.
This sounds like it's good for the economy, but both unemployment rates and apartment vacancy rates need to be carefully balanced.
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).
The number of apartments available will finally grow decisively faster than the number of people looking for apartments, pushing vacancy rates higher and rent growth down, experts says.
He continues to anticipate an average vacancy rate of well under 5 percent for apartments for the rest of the year.
With the vacancy rate in the Greater Toronto Area falling to a tight 2.1 per cent and competition increasing daily for available units, Re / Max Commercial Advisors has launched an Apartment Advisors group.
By contrast, the retail sector's vacancy rate for 2003 is pegged at 8.1 percent and apartments at 6.7 percent.
National vacancy rates are currently more than 15 % for office space and 10 % for industrial properties, and have risen notably for apartments.
«The vacancy rate for class - A, urban apartments is up a little over the last six months,» says John Sebree director of Marcus & Millichap's national multi housing group.
Rent growth and the average vacancy rate for apartments have only changed a little.
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.
But the report says that despite the increase in vacancy rates, rents rose in 2004, with the highest increases for two bedroom apartments at 2.3 per cent.
The overall vacancy rate for Twin Cities apartments is 1.8 %, while average rental rates are up 4.2 % to $ 628, according to data from Apartment Search Profiles.
«MPF Research reports that the vacancy rate for professionally managed apartments was also just 4.4 percent.
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.
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.
That's particularly true of the national apartment sector, where a 5.8 % vacancy rate and rental growth that is outpacing the rate of inflation suggest investors are well positioned for healthy...
Vacancy rates for rental apartments remain low in the top six U.S. markets, despite an influx of new development.
Property managers seem to have responded to the fear of overbuilding, rather than actual competition that would cause vacancy rates to rise for older, stabilized apartment properties.
That is in keeping with the higher vacancy rate for D.C. apartments.
; • 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.
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.
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.
They imagine that a glut of expensive housing forces the price of housing down to the point that it becomes affordable and apartments that rent for $ 2000 - 3,000 per month will be discounted to $ 600 a month because of high vacancy rates
This percentage is referred to as structural, or natural or normal vacancy rate and it differs by property type (lower for apartments / housing and higher for office).
Demand for apartments rebounded in the first three quarters of 2017, however, reversing part of that rise, as vacancy rates edged down to 5.8 percent as of the third quarter.
Almost half the apartments available for rent in New York cost more than $ 2,000 a month — and the vacancy rate for them is above 7 %.»
Compared with six months ago, the forecast vacancy rates for apartments in 2015, 2016, and 2017 are lower, and the forecast rental rate changes are all higher.
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