Sentences with phrase «pushed vacancy rates»

Some larger metropolitan areas — such as San Francisco, New York City, Washington, D.C. and Miami — saw significant construction in the past year, which has pushed vacancy rates up and slowed rent growth.

The number of apartments available will finally grow decisively faster than the number of people looking for apartments, pushing vacancy rates higher and rent growth down, experts says.

The delivery of this space over the course of the year, combine with slow tenant activity, could potentially push vacancy rates back up to the 2002 level.

However, the number of construction projects are expected to peak in 2017 or early 2018, which will push vacancy rates higher.

When the economy grows rapidly, office demand grows rapidly as well, pushing vacancy rates down, and rents, cap rates and property prices up.

(30/01/2018) Renters flocked to the middle ring, while supply in inner Brisbane exceeded demand, pushing the vacancy rate to 4 per cent, according to REIQ December quarter rental data released today.

Still, the oversupply of units has pushed the vacancy rate of CBD sub-markets from a low of 4.4 percent to a high of 6.3 percent in the fourth quarter of 2015.

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.

«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.

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.

New construction will likely outpace the rate of net absorption and push vacancies up this year,» says Brad Doremus, senior analyst for research and economics for Reis.

Falling vacancy rates have pushed rents higher in most markets.

That low supply, coupled with demand from better - performing retailers for quality space, helped push rents across all types of retail real estate higher and vacancy rates down to about 10 percent at the end of 2015 from 11.1 percent in 2011 — as retailers slowly shrugged off the recession's vacancy spike.

This rate of job growth, if it persists, should be strong enough to start pushing down office vacancy rates.

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 %.

The apartment market led the way among commercial property markets in the third quarter, as robust demand pushed down the national vacancy rate and supported rent growth.

The expected delays in new office projects due to the tight lending conditions developers are facing, coupled with low vacancy rates, may push tenants to the suburbs to solve any short - term demand issues, says the report.

That helped push the national vacancy rate up from 4.3 % to 4.4 %.

If the vacancy rate in the rental housing market is low, such demand increases will push rents and home prices up, since there is an inherent link between rents and prices.

Rising supply helped push national vacancy rates above 6.0 percent at the end of 2016, from a low of 5.3 percent in mid-2014, according to data from CoStar.

Pushing up the vacancy rate is empty space left behind by Bank One, which is combining offices into Bank One Center.