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 cen
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 cen
in 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.