Sentences with phrase «low national vacancy rate»

Net operating income growth looks solid for the foreseeable future after 2017's mild pause, and cap rates will begin to rise slowly as rent growth steadies and the already - low national vacancy rate hovers close to 5 %.

Strong demand and minimal new construction have already lowered the national vacancy rate to 12.5 %, but investors should be wary of overbuilding in the segment.

Not exact matches

The biannual report indicated that the national vacancy rate declined to 7.3 percent in 2017, its lowest level since the Irvine - based online real estate transaction platform began tracking the sector in 1999.

Many of these people live in areas where jobs are available and «there actually tends to be more vacancies in areas with low employment rates than the national average», Mr Hutton told the IPPR.

Columbus» low rental vacancy rates and its RPP at 5.5 percent below the national average make it the last city on the list to round out the top 10.

The national vacancy rate dropped to 7.2 % from the prior quarters 8.2 %, the lowest level for first quarter vacancy rates since late 2008.

The takeaway from this exercise is that office employment does serve as a highly reliable market indicator, but more so when vacancy rates are lower than the national average.

The vacancy rate as of August was 3.6 %, the national low, and there are at least three large users seeking space that will result in new construction.

«Each market has its own nuances, but the national trend is positive absorption and lower vacancy rates, with steady rental growth.

Still, the city's office - vacancy rate remains well below the national average of 13.5 percent, and its first - quarter rate of 5.7 percent was the lowest in the country.

The national vacancy rate fell by 20 basis points to 12.5 % in the third quarter, its lowest level in six years.

The national vacancy rate for medical office buildings (MOBs) fell to an all - time low in 2017 while sales volume rose and capitalization (cap) rates fell.

In the summer, the national vacancy rate stood at just 4.4 percent amid a strengthening job market, lower unemployment rate, higher cost of homeownership, and a modest but noticeable growth in household income.

Nashville's stellar annual job growth (3.44 percent, seventh - highest in the U.S.), moderately low vacancy rate (4.80 percent, almost 30 percent lower than the national average), and even lower median age of housing inventory (a mere 42 days, 33 percent lower than the national average) also highlight how exceptionally strong the demand for Nashville housing currently is and will likely continue to be for many quarters to come.

Washington, D.C.'s low median age of housing inventory (54 days, nine days less than the national average), even lower vacancy rate (5.20 percent, about 23 percent less than the national average), and moderately high annual job growth rate of 2.19 percent indicate that demand for housing there is and will likely remain quite strong, making D.C. a profitable market for rental real estate investors for quarters to come.

Washington, D.C.'s low median age of housing inventory (54 days, nine days less than the national average), even lower vacancy rate (5.20 percent, about 23 percent less than the national average), and moderately high annual job growth rate of 2.19 percent indicate that demand for housing there is and will likely remain quite strong for some time.

For instance, the National Association of Realtors reports that in 2014, San Jose, CA had a low vacancy rate of 4.0 %, while Ocean City, NJ had a high vacancy rate of 58.4 %.

At the end of the first quarter, the national vacancy rate for big - box stores nationwide stood at 8.2 percent, according to Marcus & Millichap Real Estate Investment Services, — only 10 basis points lower than a year ago and double the rate at the peak of the market in the first quarter of 2007.

Rising supply helped push national vacancy rates above 6.0 percent at the end of 2016, from a low of 5.3 percent in mid-2014, according to data from CoStar.

«San Diego's retail vacancy rate is low compared to the national average, and delivery of new space is limited,» said Cunningham in a statement.

Scott Holmes, senior vice president & national director of the National Retail Group at Marcus & Millichap shows that «the national average vacancy rate now stands at its lowest level since thnational director of the National Retail Group at Marcus & Millichap shows that «the national average vacancy rate now stands at its lowest level since thNational Retail Group at Marcus & Millichap shows that «the national average vacancy rate now stands at its lowest level since thnational average vacancy rate now stands at its lowest level since the 1990s.