That's the second consecutive quarter
of vacancy declines, according to Reis.
While the reported number
of vacancies declined in the June quarter, the series has trended upwards for some time and in the June quarter was still more than 10 per cent higher than a year earlier.
Much
of the vacancy decline can be attributed to a lack of new supply and not a strengthening of demand for space.
Not exact matches
President Barack Obama nominated Garland to fill a
vacancy on the Supreme Court last year after the death
of Justice Antonin Scalia, but McConnell
declined even to hold a hearing.
«While annual supply completions remain suppressed relative to previous years, increased supply at a time
of weak demand is expected to continue to push up residential
vacancy rates, causing further rental
decline by the end
of 2016.
Vacancy rates in both cities have
declined a little recently, but remain at high levels and could move higher as a large number
of new apartments comes on stream.
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.
A similar political sleight -
of - hand could be accomplished if Rangel files petitions and then
declines the nomination, enabling his committee on
vacancies to select a candidate to run in his stead.
Or maybe Erik Dilan gets the line, but then
declines the designation
of his petitions — and the petition's committee on
vacancies replaces Erik with his father.
After Parete formally
declined the Republican nomination he won at primary, the party committee on
vacancies nominated Heidi Haynes
of Accord as its candidate.
The
decline in the average number
of applicants per
vacancy suggests that the labour market has got tighter and schools are finding it harder to recruit.
REIT Risk (Real Estate Fund only): The Fund's investments in REITs may subject the fund to the following additional risks:
declines in the value
of real estate, changes in interest rates, lack
of available mortgage funds or other limits on obtaining capital, overbuilding, extended
vacancies of properties, increases in property taxes and operating expenses, changes in zoning laws and regulations, casualty or condemnation losses and tax consequences
of the failure
of a REIT to
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vacancies, proactively searching for talent, screening candidates, preparing candidate CV's and managing the full process through to offer /
decline THE PERSON: We are looking for an individual who is already working as a Recruitment Consultant within a Recruitment Agency environment with experience
of handling permanent
vacancies Experience within the Commercial Recruitment Sector would be a significant advantage, however, we are interested in speaking with candidates any area
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A fall in the rate
of unfilled
vacancies and falling structural employment suggests talent mismatch issues are
declining.
THE POSITION: * The successful candidate will be working as a Senior Recruitment Consultant within the companies commercial recruitment division and handle the full 360 recruitment cycle * Mentoring newer members
of the team and trainees * Responsible for winning new business development and managing / nurturing existing accounts * Attending external networking events and business meetings with prospective clients * Working closely with the business development & marketing team to quickly embed new clients that they win into the business by providing a best in class service * With support from the admin team: Advertising
vacancies, proactively searching for talent, screening candidates, preparing candidate CV's and managing the full process through to offer /
decline THE PERSON: We are looking for an individual who is already working as a Recruitment Consultant within a Recruitment Agency environment with experience
of handling permanent
vacancies Experience within the Commercial Recruitment Sector would be a significant advantage, however, we are interested in speaking with candidates any area
of professional recruitment who have the ability to easily transfer to a new sector (or convince us why we should adopt the sector in which they currently operate INTERESTED?
Retail
vacancy rates are projected to
decline from 12.9 percent in the third quarter
of this year to 12.2 percent in the third quarter
of 2012.
The owners weren't refreshing the tenant mix and were getting a lot
of vacancies, and sales were
declining year after year.
Vacancies have already begun to fall from a peak
of 9.0 percent and expected to
decline to 8.5 percent by the end
of 2011.
The outlook for 2016 is expected to be extremely slow in Houston, with rising
vacancies, flat or even
declining rents and a heavy load
of space still left to absorb due to a high volume
of sublease space coming back to the market and a wave
of new construction completions.
Industrial
vacancy rates are likely to
decline from 12.7 percent in the current quarter to 12.1 percent in the third quarter
of 2012.
Looking at commercial
vacancy rates from the third quarter
of this year to the third quarter
of 2012, NAR forecasts
vacancies to
decline 0.3 percentage points in the office sector, 0.6 points in industrial real estate, 0.7 points in the retail sector, and 0.9 percentage points in the multifamily rental market.
After peaking at 8.0 percent in the first quarter
of 2010, the national apartment
vacancy rate
declined 240...
Los Angeles County retail
vacancy declined to 5.1 percent, and 1.5 million sq. ft.
of new retail space is under construction.
The national
vacancy rate for the office sector fell to 16.8 percent in the second quarter, a 10 basis point
decline over the first quarter
of the year.
With demand for shopping center space so low, the only reason that
vacancies are
declining at all is the absence
of much construction.
The
decline in
vacancy has been much slower among the rest
of the nation —
vacancy in those metros hit a cyclical high
of 18.7 percent in the second quarter
of 2011 and has fallen only to 18.4 percent as
of year - end 2014.
The
vacancy rate climbed 10 basis points to 7.3 percent during the quarter, making it the ninth consecutive three - month period
of flat or
declining occupancy.
The level
of demand we have seen over the past several years has significantly reduced the amount
of available space, and these
declining vacancy rates have driven an upward trend in rent growth, which we expect to continue for the foreseeable future.
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.
Office
vacancy fell to 13.5 percent in the third quarter, according to a market report from commercial real estate services firm CBRE, a
decline of 80 basis points from 14.3 percent in the third quarter
of 2014.
At the end
of the first quarter, the
vacancy rate in Washington D.C.
declined 30 basis points to reach 10.4 %, well below the national average
of 17.3 %, according to Reis, a New York - based real estate research firm.
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.
Vacancy rates in the retail market are expected to
decline from 9.7 percent currently to 9.5 percent in the first quarter
of 2016.
As a result, existing
vacancy rates
declined by 300 basis points from the end
of 2016, reaching 16.8 percent in mid-2017, he notes.
On a year - over-year basis,
vacancy has fallen just 10 basis points, with the only
decline coming in the fourth quarter
of 2013.
Buoyed by continued job growth, with 2.2 million jobs added in 2016 and another 2 million predicted this year, the report forecasts net absorption
of 83 million sq. ft. nationally in 2017, with another 20 basis point
decline in U.S.
vacancy to 14.3 percent, marking the low point
of the current cycle.
Vacancy declined from 7.6 % to 6.1 % as
of June 1998, and about 700,000 sq. ft.
of space has been absorbed during the first half
of 1998, according to a United Properties market study.
Virtually no new supply has been delivered in the Chicago market since the end
of 2016, according to West, and
vacancy rates
declined to a «scant» 2.1 percent — the lowest rate among primary U.S. markets.
«The past few years have been booming in Atlanta, but with the technology
decline there has been a noticeable increase in office
vacancy rates; the apartment occupancy rates have been touched by the decrease in the number
of jobs created each year; all
of which are affecting the retail market.»
Vacancy rates in the office sector are expected to
decline from a projected 15.6 percent in the fourth quarter to 15.4 percent in the fourth quarter
of 2014.
Vacancies lead to
declining prices and can devastate the strength and stability
of the community.
Vacancy rates in the office sector are forecast to
decline from 16.5 percent in the first quarter
of this year to 16.0 percent in the first quarter
of 2012.
Vacancy in the warehouse / distribution subsector fell 10 basis points to a post-recession low
of 11.2 percent, which represents a 50 - basis - point
decline from...
Expect to see a period
of rising
vacancy rates and
declining rent growth, according to Fannie Mae.
Multifamily
vacancy rates are forecast to
decline from 5.8 percent in the current quarter to 4.9 percent in the first quarter
of 2012.
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.
«I think the market is getting so tight at this point that further
declines in
vacancy not supported by strong economic growth are just not going to be possible,» Victor Calanog, Reis Head
of Research & Economics, said.
However, the biggest increases were in high - end inventory, a sector
of the market already seeing
declines in rental rates amid higher
vacancies.
The homeowner
vacancy rate
declined to 1.9 % during the third quarter
of 2012, its seventh consecutive quarter - to - quarter
decline and lowest level in 7 years.
Q3 2014 was particularly successful as retail
vacancy declined, rental rates and absorption increased, and a handful
of significant transactions took place, according to a report by Seattle - based brokerage firm Kidder Matthews.