The reasons include healthy job and population growth, a thriving tech sector, and
low vacancy rates despite a decent amount of new construction.
The reasons are numerous and include healthy job and population growth, a thriving tech sector, and
low vacancy rates despite a decent amount of new construction.
Not exact matches
«
Despite the fact that Metro Vancouver has one of the
lowest vacancy rates, we're still the third-most affordable in North America, which would suggest that perhaps we've got some runway in terms of rental -
rate appreciation,» Trepp said while leading a panel discussion on the office market.
«
Despite a tightening labour market, trainee teacher recruitment is holding steady - with
low vacancy rates in priority subjects like maths and science.
Despite a softening housing market, portfolios that invest in REITs seem to be just fine, thanks to steady income from tenants with relatively
low vacancy rates in the big cities.
Despite the construction activity, retail
vacancy rates are at its
lowest point in a decade with overall shopping center
vacancies dipping to 7.3 % during the second quarter, according to a CB Richard Ellis survey of properties 50,000 sq. ft. and greater.
Vacancy rates for rental apartments remain
low in the top six U.S. markets,
despite an influx of new development.
Despite low vacancy rates, property managers have cut down rents in San Francisco and New York in 2016, although rents began to grow again in San Francisco in 2017.
«Commercial real estate in B.C. continues to remain strong
despite low vacancies, higher rental
rates and economic pressure,» says Sheldon, a Realtor for over 16 years and past - chair of the Fraser Valley Real Estate Board's Commercial Division.
Strong migration and the preferences of Millennial workers, who often prefer to rent rather than buy, has kept Toronto's
vacancy rate low,
despite a surge in condo supply.