Sentences with phrase «lowest rental vacancy rates»

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.

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.

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.

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 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.

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.

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.

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.

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.

New Hampshire Housing is required under RSA 204 - C: 8 - a to publish information on maximum restricted rents, utility allowances, vacancy rates, and capitalization rates to assist municipal tax assessors in appraising residential rental property subject to a housing covenant under the low - income housing tax credit program pursuant to RSA 75:1 - a.

The rental vacancy rate is the third - lowest in the nation.

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.

Just a few short years ago, real estate experts were warning that Toronto was building far too much office space downtown, but observers are changing their tune now that the latest rental figures show the city has the lowest office vacancy rate of any major centre on the continent.

Very low vacancy rates and generates just shy of 35k a month in rental income.

Bend has an incredibly low vacancy rate and the competition among tenants for a good rental is red hot.

In addition to driving rental prices up and vacancy rates down, this trend disengages an increasing proportion of potential home buyers — evidenced by the lowest homeownership rate in almost 50 years.

New apartment complexes have been built all over the nation to provide more housing, and due to this high demand for rental properties and lower vacancy rates, rent costs have increased.

Even the most pessimistic apartment market researchers agree that very few apartments were empty in the third quarter and that the vacancy rate in the multifamily rental sector will remain low in the short - term.

The combination of lower vacancies, increasing rental rates, and affordable REO properties has attracted investors to the rental markets.

Vacancy rates for rental apartments remain low in the top six U.S. markets, despite an influx of new development.

The rental vacancy rate held steady at 8.6 percent during the third quarter, tying last quarter's mark as the lowest reading on the rental vacancy rate since mid-2002.

«With continued low vacancy rates and a steady demand for rental units in the East Village District, we see this project as a fantastic opportunity to add to the vibrancy of this neighborhood.»