Sentences with phrase «lowest rental vacancy»

Due to these demands, North Dakota experiences one of the lowest rental vacancy rates in the nation.

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.

«Low rental vacancies and a lack of new rental construction are pushing up rents, and we expect that they'll outpace home price appreciation in the year ahead.»

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.

«With lean for - sale inventories and low rental vacancy rates, many markets have seen housing prices outpace inflation,» Nothaft says.

«With lower rental vacancy rates and rising rents, combined with still historically favorable affordability conditions, more people are buying homes.

He warns that, «Low rental vacancies and a lack of -LSB-...]

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.

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.

«On the other hand, investors are planning to hold onto their rental properties for at least eight to ten years and realize the benefits of rising rents and low vacancy rates.

Rental housing vacancy rates are already low, and rents are rising.

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 cent.

However, when properly managed, vacancy risk for a rental property is low.

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 vacancies are low, occupancies high, and the demand for rentals is strong.

• The real estate calculator also accounts for an average vacancy and new tenant incentive rate (so you can account for this lowering estimated rental income).

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.

If you're among the 35 million American households who rent, here's some good news: the red - hot rental market of the past couple of years — fueled by home foreclosures, the uncertain housing market, and low vacancy rates — appears to tapering off.

That creates a big demand for rental properties, resulting in one of the lowest vacancy rates in the country and slowly rising rent prices.

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.

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.

- ft. market outperformed both Palm Beach and Broward Counties with the lowest vacancy rate (7.01 %) and highest average rental rate ($ 19.06 per sq. ft.) in South Florida, according to Trammell Crow Co.'s MarketScope 2000.

Apartments, lofts, condominium and residential mixed - use developments are the biggest investor plays due to high demand, low vacancy (3.8 percent), elevated rental rates, and the return of a strong condo market.

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

RealtyTrac analyzed ZIP codes across the country to identify «hyper - local hipster» markets that offer investors solid returns on rental properties and boast low vacancy rates.

And while occupancy rates and rental prices have risen, the pipeline of new housing has been lacking, so vacancy rates have dropped to all - time lows in many parts of the country.

If you buy a rental property solely for the cash flow, the property's ability to sustain steady, positive income may decrease thanks to the same market conditions that cause a property's value to decrease: decline in population, loss of jobs or industry, extreme vacancy, low tenant quality, and so on.

However, based on the (albeit few) properties I have analyzed, once we purchase a property and rent the other unit, it is likely to lower our monthly housing cost by around $ 200 - $ 300 / month (that's a conservative estimate) compared to our current rental situation - and that's factoring vacancy, saving for future repairs / maintenance, etc..

I think you will see lower returns on the «cheap» rentals over the years when factoring in turnover, vacancy, theft, and vandalism.

Cities like Cleveland and Detroit have a lot of vacant houses overall, but a relatively low vacancy rate among active rentals.

Multifamily The Twin Cities has long been a favorite market among multifamily investors because of low vacancies and strong rental rate growth.

These figures mask wide differences in markets, though, with distribution hubs such as Los Angeles, Las Vegas, and northern New Jersey maintaining low vacancies (6 percent to 8 percent) and solid rental growth (1 percent to 2 percent), while many older industrial areas are still struggling to fill space.

With vacancy rates so low, it's likely most rental properties would be fully tenanted before the building was completed.

Tenants may think the government is looking out for tenant interests, but if that was true there would be no pandemic housing shortage, multiple offers, outrageous selling prices, extremely low vacancy rates, high rental tenant property taxes and eight - year affordable housing wait lists.

The housing shortage has driven rental vacancy rates to the lowest in living memory.

Higher vacancy rates and / or decreased rental rates leads to lower income, and ultimately lower valuations, possibly causing trouble for these loans when it comes time to refinance.

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 cent.

All the major metros that rank high in the rental demand category have strong job growth, low vacancy, high projected rent gains and limited threat from renters purchasing high - priced homes, according to the report.

But any disruption in the economy would affect the market for rental housing, leading to longer vacancies and lower returns on investment.

Unsurprisingly, rental growth was particularly strong in cities where vacancy is the lowest or where is decreased the fastest, namely Berlin, (+33.2 %), Stockholm (+16.7 %) and Amsterdam (+15 %).

With continued strong demand on the back of healthy FDI and robust GDP growth, we expect to see an extremely low vacancy rate across all office grades and an average rental growth of approximately 8.4 % per annum in the next three years.

Investors focused on rental properties should be attracted to low vacancy submarkets as they will limit the amount of time between tenants.

This dynamic, coupled with the low statewide rental vacancy rate of 1.5 percent, creates an extreme demand for affordable units at the low end of the market that isn't met by current rental housing stock.

«According to the Housing Vacancy Survey, the rental vacancy rate fell for the seventh straight year in 2016, dipping to 6.9 percent — its lowest level in more than three dVacancy Survey, the rental vacancy rate fell for the seventh straight year in 2016, dipping to 6.9 percent — its lowest level in more than three dvacancy rate fell for the seventh straight year in 2016, dipping to 6.9 percent — its lowest level in more than three decades.

The Denver rental houses are filled with vacancy rates lower than they have been in years.

Strong demand, low vacancies, good rental growth and a vibrant sales market have characterized the market.