Sentences with phrase «drop in the rental housing»

Not exact matches

The mayor also addressed the homeless crisis, with more than $ 40 million in the budget earmarked for rental assistance, stable housing and drop in services.

«Without this critical tax incentive, the city would see a sharp drop off in the production of new housing units, a further skewing of the residential market toward condominium rather than rental production, and an accelerated tightening of housing costs for renters and buyers alike.»

This has resulted in higher rental rates, as vacancy rates drop which, in turn, impacts housing market demand.

«With some of the largest numbers of foreclosures and sharpest drops in home values during the housing bust, the city of Phoenix tops the list of cities with the biggest percentage increase in single - family rentals.

Due to the recent drop in housing prices and record low interest rates it is possible to be paying less for a mortgage than for a rental.

After dropping off our bags, we hopped back in the rental car we picked up at the train station and made our way to the graduate program open house at Arcadia University that served as the crux of the trip.

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.

And while occupancy rates and rental prices have risen, the pipeline of new housing has been lacking, so vacancy rates have dropped to all - time lows in many parts of the country.

A new study says that rental housing supply will continue to diminish and vacancy rates will drop further unless at least 6,250 additional new rental units are built each year for the next decade in addition to new development.