Sentences with phrase «new apartment supply»

This submarket's inventory growth rate since 2012 is 71.0 %, including new apartment supply plus read more
Apartment Demand Soars in Tandem With Supply Wave With new apartment supply levels surging toward two - decade highs, occupancy rates had been expected to cool somewhat.
Property owners across the boroughs are contending with an avalanche of new apartment supply, giving them no...
Property owners across the boroughs are contending with an avalanche of new apartment supply, giving them no choice but to cut prices.
As such, markets where new apartment supply is expected to outstrip demand could fare worse.
Property owners across the three boroughs are contending with an avalanche of new apartment supply, giving them no choice but to cut prices.
Rental appreciation had slowed in the past two years as new apartment supply came online following a construction boom.

Not exact matches

The elevator industry, however, is a complicated world, says Reich - Rohrwig, whose firm focuses almost entirely on upgrading existing lifts in office buildings and apartment tower — with modern displays, digital buttons, etc. — instead of supplying fixtures to the inexpensively - made new models installed in condo towers.
It calculated that by reducing supply, Airbnb activity had in fact increased median long - term rent in the city by 1.4 percent over three years «resulting in a $ 380 rent increase for the median New York tenant looking for an apartment this year.»
That study calculated that by reducing supply, Airbnb activity had in fact increased median long - term rent in the city by 1.4 percent over three years «resulting in a $ 380 rent increase for the median New York tenant looking for an apartment this year.»
I'm totally slowing my pace to RE exposure now as rents and values have had such an incredible run and the supply is seeing new records with 100s of thousands of new apartment units hitting the market.
The strong pace of apartment construction in the last five years has mitigated some of the supply problem, but most of the new apartments are in luxury buildings.
Clockwise from top left: Construction jobs on Long Island are down slightly, home prices in Nassau and Suffolk Counties rose, Suffolk County Executive Steve Bellone wants to develop a «new suburbia,» and apartments are planned at the now demolished Nassau - Suffolk Lumber and Supply Corp. in Smithtown.
The lack of new rental supply in the past few decades means that when most Canadians think of rentals, they think first of Brutalist 1960s apartment blocks or questionable condo - rentals.
Several recent reports by independent consultants have warned demand will be exceeded by the estimated supply of new apartments in Brisbane, which will add to downward pressure on prices.
That could pose challenges for apartment landlords, who are bracing this year for one of the largest infusions of new rental supply in three decades.
Sales of five new complexes were started from July to September 2016, adding 353 flats and apartments with a total area of more than 35,000 square metres to the supply.
CoStar Group, another real - estate research firm, predicts new - apartment supply will peak this year at 220,000, but an additional 350,000 units will hit the nation's 54 largest markets in 2015 and 2016 combined.
In the inner Melbourne apartment market, prices have been flat for some time and falling in some areas, and rents have been under downward pressure, partly in response to the rapid increase in the supply of new apartments.
Another factor likely to constrain new development is that the supply of apartments coming onto the market is expected to increase significantly over the next few quarters, given that commencements have been running well ahead of completions since early 2002.
«The trendy replacement for hotels and hostels in effect removes housing units from the overall supply — units that might otherwise be available to rent to New Yorkers looking to rent an apartment,» it states.
The rise of popular home - sharing site Airbnb is eating into New York's apartment supply, contributing to surging rents across the city, according to a study released by City Comptroller Scott...
New Yorkers who do not occupy an apartment on a short - term basis take those units off the rental market, shortening supply.
I moved to my new apartment in early October I remember they had Christmas decorations out when I went to shop for supplies at Macy's!
If the child is renting an apartment they'll have to pay first and last month's rent, there's the excitement of making new friends and going out and all the books and supplies have to be bought in the first few weeks.
As we've laid out previously apartment owners can benefit from even small increases in rents, have demographics and social trends on their side and new supply has been quite limited over the last decade (see here, here and here for the details).
The results were also delivered against a background of rising room supply with four new hotel facilities — two resorts, one in Abu Dhabi city another in Al Ain, and two hotel apartments in the UAE capital — opening during quarter one bringing an additional 706 rooms online.
The results were also delivered against a background of rising room supply with four new hotel facilities - two resorts, one in Abu Dhabi city another in Al Ain, and two hotel apartments in the UAE capital - opening during quarter one and bringing an additional 706 rooms online.
1 The Rochestown House flats prior to the refurbishment; 2 aerated concrete blocks were chosen to form new build elements, including a new third storey that allows for more generous apartment sizes; 3 new triple - glazed windows were installed outside the masonry layer so that the external insulation could wrap around them, and help prevent thermal bridging; 4 the airtightness layer was moved to the outside of the structure by taping the joints of the existing concrete panels, then extending that tape up onto the aerated blocks in the new floor; 5 Aerobord platinum EPS external insulation being fitted to the original concrete panel walls; 6 & 7 the new window frames visible here in the external insulation layer, including Rockwool fire breaks; 8 openings for exhaust and supply intakes for the new Zehnder heat recovery ventilation system, seen here prior to being insulated and airtightened; 9 installation of the Bauder bitumen roofing membrane.
Also look for Northwestern Brooklyn, New York insurance companies that will supply you with temporary housing or money to live elsewhere while the apartment is being fixed.
new installation of storm drain, water main, sewer and fire supply for commercial apartments, condominiums, city administration buildings,
Aging baby boomers can be expected to absorb a lot of new supply as they leave large houses for smaller apartments.
Simply put, the flood of capital chasing urban, luxury apartments has created a surge in new supply that — in turn — creates challenges for investors to achieve pro forma growth.
«The apartment rental market softened in the first quarter, but not as much as expected given a surge in new supply.
Experts thought all the new supply would stop the fast growth in apartment rents.
After a steady flow of new supply in recent years, the peak years for national apartment construction are likely to be 2017 and 2018.
Even as new apartment completions bring more supply to many markets, the multifamily sector will still likely see a vacancy rate decline from 6.6 percent to 6.1 percent.
«The apartment REIT sector is the one group that has collectively said the same thing: Unbundling, a declining home ownership rate and a lack of new supply are all contributing positively to fundamentals,» says Richard Anderson, a REIT analyst with BMO Capital in New Yonew supply are all contributing positively to fundamentals,» says Richard Anderson, a REIT analyst with BMO Capital in New YoNew York.
«The growing supply of new apartments, primarily in the Class A space, appears to have finally reached a level to slow the historically high rent growth,» said NMHC Chief Economist Mark Obrinsky in a statement on the survey.
That's because the supply of new apartments is growing too.
They haven't built as much new supply, whether you're talking about apartments, offices or whatever, so now demand is catching up and supply is slowly re-entering the market.
«New lease rates are not meeting original projections due to new rental apartment supply.&raqNew lease rates are not meeting original projections due to new rental apartment supply.&raqnew rental apartment supply
These are the types of households that are being squeezed by rising rents today, as the majority of new multifamily supply coming on the market consists of class - A apartment buildings.
The panel believes that the Downtown Los Angeles apartment market is really strong, despite the significant amount of new supply.
MPF Research reports that the U.S. apartment sector continues to post strong fundamentals even as new supply levels ramp up — with occupancy registering around 95 % and annual rent growth around 3 % for the seventh consecutive quarter.
That pattern bodes well for the apartment market, as dispersed deliveries are more easily absorbed, limiting the impact of new supply on any one particular area.
Thanks in part to this conservatism, the supply of new apartments in the Cincinnati area has not outpaced the demand for these units.
Axiometrics analysts attributed the weaker rental market in Chicago to slow job growth, which is suppressing apartment demand at a time when new construction has produced a huge supply of rental units.
Supply appears to be a problem that will slow down the rental growth as well because new apartment completions are currently expected to grow, 82,000 to 102,000, each quarter — that's almost 25 % increase in new construction every quarter.
«Even as new construction ramps up, higher demand for apartment residences still outstrips new supply with no letup in sight.
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