Sentences with phrase «apartment vacancy rate in»

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..

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.

In addition, apartment vacancy rates in neighborhoods bordering downtown D.C. are at 1 %.

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.

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.

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.

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.

An increase in the rent threshold at which apartments become market - rate, indexed to rise each year, is a step forward, but it only slows the bleeding — and is well short of de Blasio's target, ending vacancy decontrol completely.

With a fair bit of turnover in housing, and a reasonable but stable vacancy rate of just four percent across all housing sectors, it's not terribly hard to find housing in Frisco, but you'll want to move quickly because you're not the only one that has their eye on that apartment ad.

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 ridiculous.

That actually has eased the rental market somewhat, and increased the vacancy rate slightly which makes it easier to find an apartment in Chandler.

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.

With an extremely low rental vacancy rate hovering around 0.5 percent and an expensive real estate market, it is notoriously difficult to find an affordable rental apartment in Vancouver.

With a fair bit of turnover in housing, and a reasonable but stable vacancy rate of just four percent across all housing sectors, it's not terribly hard to find housing in Frisco, but you'll want to move quickly because you're not the only one that has their eye on that apartment ad.

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..

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 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.

After peaking at 8.0 percent in the first quarter of 2010, the national apartment vacancy rate declined 240...

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.

New renters absorbed roughly the same net number of apartments, leaving the vacancy rate at 4.2 percent, the same as in the fourth quarter, according to Reis.

New apartment communities that open their doors in 2017 will probably still enjoy a strong U.S. apartment market — despite a slightly higher vacancy rate and slower rent growth...

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.

A swath of new apartment construction coming onto the market is forecast to lead to an uptick (0.1 percent) in the multifamily vacancy rate.

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.

Apartment developers, optimistic about the long - term health of the sector, continue to build new units at a robust clip despite a vacancy rate that has doubled in the past three years...

«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.»

With the suburban - focused homebuilding industry in shambles, as the rental vacancy rate plunged, apartment construction boomed.

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.

And apartment vacancies in the downtown Miami area rose to 11.8 percent in the first quarter, double the rate two years earlier, according to property - data provider Reis Inc..

In the case of apartment units, the market vacancy rate is calculated as the ratio of total vacant units in the market over the number of total units in the market (the sum of both vacant and occupiedIn the case of apartment units, the market vacancy rate is calculated as the ratio of total vacant units in the market over the number of total units in the market (the sum of both vacant and occupiedin the market over the number of total units in the market (the sum of both vacant and occupiedin the market (the sum of both vacant and occupied).

In New York City, the largest U.S. apartment market, the vacancy rate fell to 2 percent in the first quarter, below the cyclical low of 2.1 percent last seen at the end of 200In New York City, the largest U.S. apartment market, the vacancy rate fell to 2 percent in the first quarter, below the cyclical low of 2.1 percent last seen at the end of 200in the first quarter, below the cyclical low of 2.1 percent last seen at the end of 2007.

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.

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.

The apartment market led the way among commercial property markets in the third quarter, as robust demand pushed down the national vacancy rate and supported rent growth.

In this way, properties and apartments get maximum visibility; in fact, this approach is so effective that they've consistently helped outside property managers and landlords achieve an astonishing low zero percent vacancy ratIn this way, properties and apartments get maximum visibility; in fact, this approach is so effective that they've consistently helped outside property managers and landlords achieve an astonishing low zero percent vacancy ratin fact, this approach is so effective that they've consistently helped outside property managers and landlords achieve an astonishing low zero percent vacancy rate.

Vacancy rates are rising in Pierce County at a time of rapid apartment construction.

The dense housing which the City has supported in the Basin within the last decade has a 12 % vacancy rate and the newer apartments and condos have a greater vacancy rate, perhaps has high as 40 %.

Even the most pessimistic apartment market researchers agree that very few apartments were empty in the third quarter and that the vacancy rate in the multifamily rental sector will remain low in the short - term.

Vacancy rates for rental apartments remain low in the top six U.S. markets, despite an influx of new development.

That is in keeping with the higher vacancy rate for D.C. apartments.

But with a vacancy rate of just 4.7 percent, apartments in Fairfield County are hardly in trouble.

; • 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.

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.

I am a new investor there and I recently purchased a 3 unit multi family that needs a little work, and a 6 unit apartment building next to an oil refinery, in an area that has extremely low vacancy rates.

In the multifamily market, which already has the tightest vacancy rates in any commercial sector, apartment rents will be rising at faster rates in most of the country next yeaIn the multifamily market, which already has the tightest vacancy rates in any commercial sector, apartment rents will be rising at faster rates in most of the country next yeain any commercial sector, apartment rents will be rising at faster rates in most of the country next yeain most of the country next year.

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.

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 %.»