Sentences with phrase «of rising vacancy rates»

Expect to see a period of rising vacancy rates and declining rent growth, according to Fannie Mae.

Not exact matches

The rising cost of homeownership is pushing more people to rent, and the vacancy rate in Toronto has tightened over the past few years to 1.3 per cent, according to CMHC.

The economics of investing will likely continue to deteriorate with the rental market well supplied, the rental vacancy rate rising and rents stagnating.

«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.

Conditions in the office market continued to be soft over the first half of the year, with the national vacancy rate rising and effective office rents declining.

Data tell another story: Job growth in Erie and Niagara counties last year lagged behind the nation and rest of the state, the downtown office vacancy rate rose last year and poverty in the city of Buffalo — like its sister city Rochester — is climbing and ranks among the worst in the United States.

An increase in the rent threshold at which apartments become market - rate, indexed to rise each year, is a step forward, but it only slows the bleeding — and is well short of de Blasio's target, ending vacancy decontrol completely.

The state's expiring rent regulations could get the same treatment — though the new Assembly speaker, Carl Heastie, says he's going to make a stand for tenant - friendly changes like the repeal of «vacancy decontrol,» which allows landlords to charge market - rate rents after an apartment's price rises above $ 2,500 per month.

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.

The rising cost of homeownership is pushing more people to rent, and the vacancy rate in Toronto has tightened over the past few years to 1.3 per cent, according to CMHC.

Severino said that the rising vacancy rate is largely due to builders being ahead of the game.

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

An increase in the rate of unfilled vacancies combined with a rising long - term unemployment rate indicates that employers are finding it harder to source workers with the right skills.

A sign of labour market challenges can be found in job vacancy rates, which rose in Australia in 2015 and 2016, suggesting employers find it increasingly difficult to attract and retain talented workers.

Job vacancy rates rose in each of the last five years and in 2016 the rate stood at 1.8 per cent.

The apparent contradiction of a strong investment market at a time of high vacancy rates is at odds with a commercial real estate rule of thumb: Property sales rise when leasing is strong.

The deal, with an estimated annual yield of about 6.4 percent, reflects the surprising strength of the investment market for suburban office properties, despite rising vacancy rates.

The average vacancy rate will rise to the mid-4-percent range by the end of 2017, CoStar researchers project.

«With corporate decision - making picking up speed as business confidence grows, we are beginning to see decreasing vacancy and rising rental rates in many markets,» says Mark E. Rose, chair and CEO of Avison Young.

The national office vacancy rate for all classes of space in the central business districts (CBDs) rose to 14.4 % in the third quarter, up from 10.6 % during the third quarter of 2001, according to New York - based Cushman & Wakefield.

Despite high vacancy rates in a large part of the country, both asking and effective rents are rising.

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.

As vacancy rates rise at malls across the United States, with the increasing numbers of retailers announcing bankruptcies, deferring expansion plans and closing stores the energy management system could help operators reduce fixed utility costs.

For example, the national apartment vacancy rate in the top 50 U.S. markets rose to 6.8 % in the second quarter of this year from 5.9 % during the same period a year ago, according to Reis Inc., a New York - based research firm.

But over the past year, rising vacancy rates and a slowdown of economic growth in some of the hardest hit areas prompted Fannie Mae to loosen the reins on underwriting policy and give lenders more delegation authority.

The movement out of rental accommodation into homeownership continued in 2004 and the average apartment vacancy rate for major urban centres rose from 2.2 to 2.7 per cent.

With rent prices continuing to rise and vacancy rates continuing to decline, all of the panelists agreed that the market should continue to see growth well into 2015 and beyond.

Chicago — According to locally based Northern Realty Group Ltd.'s 12th annual survey of retail space in downtown Chicago's State Street / Wabash Avenue shopping district, the vacancy rate for specialty store space rose...

Still, if the percentage of speculative development continues to grow, it could contribute to rising vacancy rates in the markets that have the most supply underway, Nordby says.

The company says vacancy rates will rise slightly to 8.2 %, allowing owners to push rents up slightly and leading to end - of - year growth at the bottom of the market's typical rate range of 2 % to 4 %.

Historically, the downward path of the cycle in the office property market has occurred, because just when this large pipeline started coming out in the market, demand was weakening, thus creating oversupply conditions, with vacancies rising, and rents, cap rates and values declining.

Rental rates are still on the rise but not at the fast clips of previous years, while vacancies have been creeping up over the last year.

«Rental rates have continued to rise year over year, while rental vacancies have steadily decreased since the burst of the housing bubble» (US News) Someone asked me if it was a buyers or a sellers market the other day.

With vacancy rates modestly falling and rents moderately rising in commercial real estate sectors, market fundamentals have improved, but financing remains a challenge for small business, according to the National Association of Realtors ® quarterly commercial real estate forecast.

It's not surprising the third quarter national rental vacancy rate of 2017 rose 0.7 points to 7.5 percent.

By Roger Yohem INSIDE TUCSON BUSINESS February 9, 2010 All categories of commercial real estate saw vacancy rates rise to double - digit levels in 2009.

Vacancy rates are rising in Pierce County at a time of rapid apartment construction.

If you are skeptical of that strong statement, tell me, where else can you get the following combination of investing conditions: A rock solid local economy 1 percentage point away from full employment (5.8 %), high rental demand, minimal vacancy rates and rising rental prices, price to rent ratios on new (or less than 6 yrs old) properties under 8 and a steady and reliable local real estate market in full bloom?

The prospect of another big building getting under way is seemingly at odds with the overriding trends in the downtown office market, which has been marked by rising vacancy rates.

Property managers seem to have responded to the fear of overbuilding, rather than actual competition that would cause vacancy rates to rise for older, stabilized apartment properties.

The vacancy rate for U.S. neighborhood and community centers rose 20 basis points during the fourth quarter of 2007 according to Reis Inc. — the eleventh straight quarterly increase — leaving the national rate at 7.5 percent, the highest level since 2006.

; • Vacancy rates are expected to drop in a range of between 1.2 and 3.7 percentage points for office, retail, and industrial properties and remain stable at low levels for apartments; while hotel occupancy rates will likely rise; • Rents are expected to increase for all property types, with 2012 increases ranging from 0.8 percent for retail up to 5.0 percent for apartments.

The vacancy rate for office properties has been falling and average rents have been rising since the beginning of 2011.

The office vacancy rate in all of Broward County — which includes the city of Fort Lauderdale and outlying areas — is on the rise.

In the multifamily market, which already has the tightest vacancy rates in any commercial sector, apartment rents will be rising at faster rates in most of the country next year.

The report says that of the five surveyed markets, only Calgary will see a rise in office vacancy rates in the coming year.

The average national vacancy rate for downtown and suburban markets rose to 5.9 per cent in the first quarter, up from 5.1 per cent in the last quarter of 2008.

NORTHBROOK, Ill, — With vacancy rates falling and rents rising, industrial space has been a hot market this year, according to Robert Back, national director of market analysis for Grubb & Ellis, one of the nation's largest commercial real estate companies.

Reports by real estate services firms JLL and CBRE show that the national vacancy rate rose to an average of 13.2 percent, a 10 basis point increase from the fourth quarter of 2015.

Ottawa — Like Calgary, the Ottawa office market saw a rise in vacancy rate over the past 12 months from 5.60 per cent to 6.30 per cent and stable rents of $ 17.23 per sq. ft.. Yet the market is expected to remain solid thanks to the stabilizing presence of the federal government, although a slight increase in vacancies is expected to occur due primarily to new supply and some space - juggling before it is absorbed relatively quickly both by the private and public sectors.