Sentences with phrase «relatively high vacancy rate»

Because the New York metro area — including all five boroughs, not just super-expensive Manhattan — has a huge population and a relatively high vacancy rate, an influx of even 50,000 new workers wouldn't mean much in the greater scheme of things.

Not exact matches

Vacancies for apartments in inner Melbourne and Sydney have stabilised at a relatively high level, and vacancy rates for newly completed apartments have increased sharply in recent months.

Given high vacancy rates and lenders that are still skittish about committing relatively large amounts for construction and development financing, it is hard to justify breaking ground on new office projects, Reis said.

Grand Rapids, Mich., tops our list because it has seen strong and recent employment growth (ranked 11th), has a relatively low vacancy rate, and a high share of households under 35 (ranked 16th and 17th, respectively).