Sentences with phrase «over rent rises»

Not exact matches

Rent increases in neighborhoods that experienced the biggest influx of those workers have risen 65 percent faster over the past five years than areas with the smallest influx, according to Zillow.

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 results illustrate how New Yorkers are struggling to find affordable homes due to the rapid rise in prices and rents over the last decade.

Rents have risen 20 % over the past five years while they city's vacancy rate is below 1 %, meaning investors should not have to work very hard to find a tenant.

In this way, Rent The Runway is taking on the fast fashion industry, now worth $ 39 billion thanks to a meteoric rise over the last two decades.

A San Jose household could thus see its rent rise $ 18,100 to $ 29,581 over ten years.

«If there really was a shortage of housing in the UK, rents like house prices, would be rising well in excess of the CPI, whereas they have broadly risen in line over the last ten years.»

With refinances and rising rents, it has continued to go up over the years.

Home prices in New York's notoriously difficult housing market rose just 1.45 % over the past three years, while rents over that period rose by around 5 %.

Home prices there rose by about 4.4 % over the past three years, while rents on two - bedroom apartments jumped 3.4 % over the same time period.

The median rent in the United State rose 2.8 percent over the past year to $ 1,445, the fastest pace of appreciation since May 2016, according to Zillow.

In other words, the median asking rent is $ 184 higher today than it would be if rental rates had risen only as fast as inflation over the past two decades.

Apartment rents have also seen a healthy increase at 24.57 per cent over the first quarter of 2013 and 8.29 per cent rise over the fourth quarter of 2013.

«As I see it, Midtown has not risen in rents the way that Flatiron has,» she said, noting that below 23rd Street she has seen asking rents rise over the past six months from the high $ 30s and low $ 40s per foot to the mid - $ 50s and up.

Palm Beach County's average apartment rent as of August rose 9 percent year over year to $ 1,495, according to Reinhold P. Wolff Economic Research in Oakland Park.

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.

Donna's, which sits on the corner just down from the townhouse our founder [Richard John Neuhaus] bought over three decades years ago, has closed after 30 or more years, the victim of a rise of (local rumour has it) $ 16,000 a month in rent.

Asked why more people are sleeping rough, Mr Quagliozzi answered: «We've a perfect storm over the last few years where rising rents - particularly in the private rental sector, wages not going up as fast of those rents and welfare reform are contributing to a very bleak picture...»

Donna's, which sits on the corner just down from the townhouse our founder bought over three decades years ago, has closed after thirty - some years, the victim of a rise of (local rumor has it) $ 16,000 a month in rent.

Even though only about 13 percent of rent - stabilized apartments turn over each year, a report released on Tuesday by the antipoverty group Community Service Society of New York argued that the vacancy allowance, which has been in place since 1969, is so high that it contributes more to the overall rise in stabilized rents than the annual increases.

WHAT»S IN STORE — «New York retail rents go down amid vacancy worries,» by New York Post's Lois Weiss: «Retail rents dropped like a stone in some places over the last year but have now stabilized in several shopping corridors and even have risen in some spots — and the Real Estate Board of New York has the proof.

New York City rents rose faster than inflation over the past three years, continuing a housing squeeze that has been particularly felt by lower - income tenants and shows no signs of abating, new figures from the Census Bureau show.

De Blasio and city officials have said broadly that one of the most significant drivers of the increase in homelessness citywide has been income inequality, writ large: stagnant wages for workers combined with rising rents over the past decade.

Problem 1: Housing costs are rising, and this is pushing up government expenditure Over the past few decades rents and house prices have risen much more rapidly in the UK than other countries.

And merely rolling over the existing rules, a de Blasio aide says, would be «disastrous,» because about 8,000 affordable apartments are lost each year when their rents rise above the stabilization threshold.

Many of the organizations at the rally have been aligned with both the mayor and the speaker — a former member of NYCC now serves as Ms. Mark - Viverito's senior adviser — but are now expressing concern over the potential for Mr. de Blasio's plan to displace longtime residents as rents and land prices continue to rise.

To top things off, we considered how much rents have gone up over the past four years, since rapidly rising rents indicate a community with pentup demand for housing.

The study revealed that over the last five years, a typical rent rose 15 %, while the income of renters grew by only 11 %.

They have built - in regular modest rent increases to cover inflation and rising costs over time.

«With a 30 - year fixed rate mortgage, you'll have the certainty & stability of knowing what your mortgage payment will be for the next 30 years — unlike rents which will continue to rise over the next three decades.»

Rents have risen 20 % over the past five years while they city's vacancy rate is below 1 %, meaning investors should not have to work very hard to find a tenant.

His rent will rise over time.

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.

As a result, rent has risen dramatically over the years as well.

Estimated Annual Rent Increase Percentage: Over time, rents tend to rise.

Over the past five years, as rents rose and income growth was weak at best, renters nationwide — regardless of racial or ethnic group — have been forced to dig deeper into their pockets to cover rent.

Use the interactive tool below to explore mortgage and rent affordability in your market, how it has changed over time, and how it could change going forward as housing costs rise and rates change.

It's no secret that the cost of renting a home is on the rise all over the country.

The action has shifted to Rose Avenue, a few blocks over from the Ocean Front Walk, where rents are cheaper, the stores are more eclectic and you can breathe in the potential of a neighborhood that is about to become the new «it.»

The vast majority of respondents (85 percent) expect rents to rise in their markets over the next 12 months with an anticipated mean increase of 2.9 percent.

According to a new analysis by Zillow, the average renter would need his or her income to grow by $ 168 to keep up with an expected 1 percent rise in rents over the next year.

The average effective rent also shows positive growth over the past year, rising 1.6 % from $ 964 per unit in 2009 to $ 980 in the third quarter of 2010, according to Reis.

Despite shorter rent growth, rents are at all - time highs — in fact, the average renter would need his or her income to grow by $ 168 to keep up with the expected 1 percent rise in rents over the next year.

The median rent for a three - bedroom home rose 3 percent over the last year, according to the latest Fair Market Rent report from the U.S. Department of Housing and Urban Development, released in December 2rent for a three - bedroom home rose 3 percent over the last year, according to the latest Fair Market Rent report from the U.S. Department of Housing and Urban Development, released in December 2Rent report from the U.S. Department of Housing and Urban Development, released in December 2015.

Meanwhile regional mall vacancies rose by 10 basis points over the prior quarter to reach 5.9 %, and asking rents increased 0.4 %.

«The typical buyer today plans to stay in a home for 10 years, while rents are projected to rise at faster rates over the next few years,» he said.

«All told, increasing consumer sales, greater demand for space by retailers and insufficient growth in new supply suggest that rents and occupancy will likely be rising at a healthy rate over at least the near term,» writes RBC Capital Markets REIT analyst Rich Moore.

Note that we are not saying that real estate fundamentals will continue to improve indefinitely for Houston multifamily: for a variety of reasons unrelated to low energy prices, we have already been forecasting a rise in vacancies and a moderation in rent growth over the next five years.

New resident rents rose 5.2 percent over the 12 months that ended in the second quarter.

«In Detroit over the past three - four years, luxury rent has been rising, while non - luxury rents have remained stagnant,» Balint says.