Sentences with phrase «low vacancy rates in»

With low vacancy rates in the single digits, many of our investor clients whose prior focus was single family properties are now switching to small multifamily properties.
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 a tightening labour market, trainee teacher recruitment is holding steady - with low vacancy rates in priority subjects like maths and science.
Low vacancy rates in office spaces are important to the continuing success of both the cleaning and carpet cleaning sectors, as they depend on getting most of their business from offices and commercial buildings.
That creates a big demand for rental properties, resulting in one of the lowest vacancy rates in the country and slowly rising rent prices.
In New York City, Midtown Manhattan and Midtown South had two of the lowest vacancy rates in the country, at 7.8 percent and 6.2 percent, respectively.
Guelph has the lowest vacancy rate in Ontario at 0.6 %, it's a beautiful town with diverse industries, and 20 minutes from kW and Cambridge, which are listed on the top 10 rental markets by rein.
The large base of owner - occupied facilities tends to lower vacancy rates in multi-tenant space.
At 9.5 percent, Washington D.C. had the lowest vacancy rate in the first quarter.
«Overall commercial real estate leasing activity continued to grow in most markets during the closing months of 2012, which is modestly lowering vacancy rates in all of the commercial sectors early this year.»

Not exact matches

Scotiabank senior economist Adrienne Warren says condo supply also feeds demand for rental properties, a hot commodity in both Toronto and Vancouver, where vacancy rates are low.
Construction permits in San Jose are hard to get, and the area already has the lowest vacancy rate of all the metro areas surveyed, so there is little wiggle room to accommodate tens of thousands of new workers in an affordable way.
The Fed noted that rental vacancy rates in northern New Jersey and upstate New York remained near multiyear lows, while rents rose by about 4 % year - on - year.
That in turn lowers the vacancy rate and puts upward pressure on Vancouver's rental rates.
«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.
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.
Sydney real estate is going through significant regeneration, which coupled with ongoing light rail works have resulted in very low vacancy rates of around 4 % in commercial office space.
The vacancy rate dropped to 18.2 percent during the first quarter, a six - year low according to real estate firm Colliers International, and will dip lower once the Salesforce lease is factored in.
Available indicators of rental rates and vacancies of residential property are volatile and vary considerably across capital cities but, in general, they provide tentative signs of a mild easing of growth in rents; vacancy rates have picked up a little in some cities, but they remain low.
In line with this, vacancy rates for rentals across Canada are exceptionally low, particularly in certain parts of British Columbia where vacancy rates have dipped to a record low of 0.3 per cenIn line with this, vacancy rates for rentals across Canada are exceptionally low, particularly in certain parts of British Columbia where vacancy rates have dipped to a record low of 0.3 per cenin certain parts of British Columbia where vacancy rates have dipped to a record low of 0.3 per cent.
Today, State Assemblymember Brian Kavanagh and State Senator Daniel Squadron released the following statement in response to the U.S. Department of Housing and Urban Development (HUD)'s decision that changes to the Section 8 Small Area Fair Market Rent (SAFMR) policy — which could have had severe unintended consequences for NYC Section 8 tenants — will not apply to cities with low vacancy rates, like NYC.
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.
As long as the vacancy rate in New York City is so low — way under 5 % — tenants need the rent laws to even the playing grounds.
Demand lowered the Manhattan vacancy rate from 12.8 percent at the end of the recession in 2009 to 9.7 percent in 2015.
Vacancy (Screen Gems, April 20) Starring: Luke Wilson, Kate Beckinsale, Frank Whaley, Ethan Embry Director: Nimród Antal Rating: NR The Pitch: After their car breaks down, a married couple (Wilson and Beckinsale) wind up in an isolated motel, where their evening of watching low - budget slasher films is ruined by the discovery that said films were all made in their room.
The number of new teachers entering the profession in England has dropped to its lowest rate in five years — while vacancy rates continue to rise.
«We're investing hundreds of millions in teacher recruitment and the vacancy rate has remained low at around 1 % over the last 15 years,» said an education department spokesman.
Although the NAO states these figures are still relatively low, the DfE has admitted they only reveal part of the picture because data is taken in November when vacancy rates are considered small.
In fact, more top graduates and professionals than ever before are coming into teaching and vacancy rates are at their lowest since 2005.»
Statistics Canada reported in 2012 that Canada's overall vacancy rate was 2.8 % and of the major urban centres, Calgary's was the lowest at 1.3 %.
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.
Milwaukee has the lowest vacancy rate among the largest cities in the United States.
Provincial Finance Minister Mike de Jong says he unveiled the tax as part of legislation aimed at addressing low vacancy rates and high real estate prices in southern B.C.
Revenues are likely to grow in areas that are seeing increased rents and low vacancy rates — namely Calgary and Edmonton.
It's relatively hard to find a rental in Denver (it has the lowest vacancy rate on this list), but that doesn't seem to prevent anyone from making a stop here.
We figured that a low vacancy rate suggests residents in a particular area have more interest in renting (though it could also mean a low proportion of rental properties).
The overall vacancy rate is a mix: An underlying low single digit vacancy rate in KWG's Core portfolio, and a 20 - 30 % + rate in its more recently acquired Investment portfolio.
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.
In fact, if you dig into other parts of the REI database, what you find is that vacancy rates were unusually low at that time before negative gearing was abolished.
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.
It means Airbnb's popularity could be contributing to the critically low vacancy rate, which is, in turn, driving up rents.
In addition, the market has favoured landlords due to low vacancy rates until only very recently.
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.
Alaska as a whole experiences a 5.62 percent rental vacancy rate, and in areas such as Anchorage it is even lower at just over 4 percent, making the state appealing for potential landlords to meet demand.
Due to these demands, North Dakota experiences one of the lowest rental vacancy rates in the nation.
These lower vacancy and long - term unemployment rates suggest that employers are having an easier time finding employees with the right skills in the Americas compared to earlier years.
Barile and other experts cite several reasons for the unexpected twist in the real estate market, including low interest rates, which help boost returns in highly leveraged deals even if vacancy rates rise.
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.
But vacancy rates are now so low they are likely to remain historically low in 2017, even after creeping upward.
In cities with low vacancy rates, the system can suggest raising prices.
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