Sentences with phrase «increased the vacancy rate»

But as the Orlando Sentinel reports, increasing vacancy rates have led some malls to roll out the welcome mat to smaller, independent, and often - times quirky businesses.

«While supply remains under control, increasing vacancy rates are placing downward pressure on residential rents and sales prices.

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

Landlords and property managers may be concerned that rejecting smoker tenants would constitute discrimination and possibly increase their vacancy rate.

Not exact matches

Office vacancy rate increases.

«Over the course of 2003 we expect the net absorption to be positive, the increase of the vacancy rate is driven by the increase in supply not a weak business environment,» Mr Cresp said.

Mr Denny said it was inevitable that there would be a short - term increase in vacancy rates when the new Woodside Building at 240 St Georges Terrace was completed, which at 46,000 sq m will be the third largest building in the CBD.

If the new Amazon HQ2 came to town, Detroit would see moderate rather than severe rent increases, largely because of its high vacancy rate of 11 percent and its ability to add new housing stock rapidly.

With a low vacancy rate and too little permitting, Amazon's new HQ2 presence would increase rents an additional 8.8 percent over 10 years.

As larger metros with high vacancy rates, Philadelphia and Detroit have a significant amount of slack in their housing market, helping protect these cities from more significant rent increases.

«While annual supply completions remain suppressed relative to previous years, increased supply at a time of weak demand is expected to continue to push up residential vacancy rates, causing further rental decline by the end of 2016.

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.

As described in a previous post, a recent release from the Census Bureau's Housing Vacancy and Homeownership (CPS / HVS) survey shows that the US homeownership rate increased to 64.2 percent in the fourth quarter of 2017.

Data from the Census Bureau's Housing Vacancy and Homeownership (CPS / HVS) survey show that the US homeownership rate increased to 63.9 percent in the third quarter of 2017, up 0.4 percentage points from the third quarter of 2016.

Reis» preliminary forecast for 2014 calls for office - vacancy rates to decline by roughly half a percentage point by year's end and asking rents to increase 2.8 %, the largest gain since 2007.

The vacancy rate for downtown retail space dropped to 12 percent, from 14 percent in 2008 and in about the same time, retail sales in the village have also increased from $ 977 million to about $ 1 billion.

«As we continue working with HUD on increasing affordability and other critical housing goals, we appreciate that HUD heard our request for a policy that takes into account the unique needs of NYC, and other cities with low vacancy rates, and that the unintentional but real harm posed by the proposed SAFMR rule will be averted.

The housing vacancy rates are increasing and this will put downward pressure on rents and in turn on home prices.

I support repealing vacancy decontrol, or at the very least, raising the cap to a minimum of $ 3000 and peg future increases to the rate of inflation.

«If we're gonna fight for New Yorkers they we're gonna need to strengthen the rent laws and that means the repeal of vacancy decontrol and the repeal of a lot of the loop holes that have allowed land lords to increase the rent at a rapid rate to get it up to the 25 - hundred dollar threshold where they can deregulate it.»

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.

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.

Williams said the city's vacancy rate is at 3.45 percent which, combined with steadily increasing rents, shows the city is currently in a «housing crisis.»

The bill would increase the vacancy decontrol threshold — the point at which empty apartments can go to market - rate rent — from $ 2,500 to $ 2,700.

De Blasio has proposed changes including ending «vacancy decontrol,» which allows an apartment to become market - rate after the rent passes $ 2,500, and making rent increases from renovation costs temporary instead of permanent.

Borders» move to close about one - third of its stores earlier this year increased the collective vacancy rate of shopping centers that contained a Borders to 9.3 percent from 4.2 percent, estimated Chris Macke, senior real estate strategist at CoStar Group, the nation's largest provider of real estate data.

Revenues are likely to grow in areas that are seeing increased rents and low vacancy rates — namely Calgary and Edmonton.

Even though this market is so large, the vacancy rate is increasing.

REIT Risk (Real Estate Fund only): The Fund's investments in REITs may subject the fund to the following additional risks: declines in the value of real estate, changes in interest rates, lack of available mortgage funds or other limits on obtaining capital, overbuilding, extended vacancies of properties, increases in property taxes and operating expenses, changes in zoning laws and regulations, casualty or condemnation losses and tax consequences of the failure of a REIT to

Rising rental rates signal a market where demand is strong enough to absorb the increased prices, while low vacancy rates suggest there is enough pent up demand, which should make it easy to attract renters.

For this category we're looking for cities with a high rent increases and low vacancy rates.

This was unsupported by evidence other than localised increases in real rents in both Perth and Sydney, which also had the lowest vacancy rates of all capital cities at the time.

Responsible pet owners are loyal, long - term tenants who reduce turnover and vacancy rates, increase profitability, and enhance safety and security in the neighborhood according to studies by insurance companies and organizations such as the National Council on Pet Study and Policy, and the Delta Society.

The vacancy rates in Bay Area are the lowest in the nation, and the rent much so often gets increased much faster than the inflation.

Based on the most recent monthly statistics available, vacancies increase in October, resulting in a more modest rise in rental rates at 4.5 % year - over-year, down from 5.3 % in September, according to real estate information agency Zillow.

An increase in the rate of unfilled vacancies combined with a rising long - term unemployment rate indicates that employers are finding it harder to source workers with the right skills.

«I increased, improved, reduced, achieved...» Examples: «I reduced vacancy rates 30 %» «I improved test scores by 20 %» «I achieved highest - ever attendance levels» «I increased call efficiency by 10 % for 3 consecutive quarters.»

According to the Census Bureau's Housing Vacancy Survey (HVS), the nation's homeownership rate in the third quarter of 2015 was 63.7 %, the first increase since 2013.

Since the global financial crisis of 2008/09, South Africa's national vacancy rate has hovered between 9,8 % — 10,6 %, and is likely to be frozen at the same level or increase further unless South Africa's economic growth prospects improve.

Two factors supporting price increases are the low inventory of homes for sale and the low vacancy rate among owner - occupied housing.

Just hoping for appreciation is for people who do not want to bother to study historical data, supply and demand, vacancy rates, income increases, cost of building new supply, population growth, etc..

In the third quarter, the national vacancy rate for shopping centers reached 8.4 %, an increase of 110 basis points over the same period a year earlier, according to real estate research firm Reis.

The city is expected to reach the end of the year with a multifamily vacancy rate of 3.1 percent (a 40 basis point increase year - over-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.

Income would perhaps have increased but expenses and / or vacancy rates might have risen.

«The projected imbalance between net absorption and completions will increase the upward pressure on retail vacancy rates, as well as on concession levels for new and renewing tenants,» Chandan says.

According to New York - based Reis Inc.'s survey of the top 50 office markets, the vacancy rate grew by 0.4 % to 15.7 % in the third quarter, compared with a 0.6 % increase in the second quarter and a 1 % jump in the first quarter.

Many buy for themselves believing the market will remain stable or increase or invest thinking they can easily rent for increasingly high rents when, especially with ongoing building, and, as can be seen in one article, rents are not increasing as would be the case if there were really a vacancy rate in Toronto as low as has been stated.

As vacancy rates rise at malls across the United States, with the increasing numbers of retailers announcing bankruptcies, deferring expansion plans and closing stores the energy management system could help operators reduce fixed utility costs.

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.