Sentences with phrase «rental vacancy declined»
Since then, national rental vacancy declined, spelling out good news for rental property owners who don't want their unit to sit on the market for very long.
https://sparkrental.mysmartmove.com/ Not exact matches
«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.
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.
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.
Declining vacancies and increasing rental rates are...
However, the biggest increases were in high - end inventory, a sector of the market already seeing declines in rental rates amid higher vacancies.
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.
A well - supplied resale market, and elevated rental vacancy rates, may have contributed to the decline in housing starts; however, these numbers can fluctuate from quarter to quarter, the report says.
Speculative construction is once again taking place on a very modest scale, and a combination of tightening market conditions and sustained economic growth are expected to support healthy leasing activity, incremental gains in rental rates and a continued decline in overall vacancy.
Market fundamentals continue to improve, as demonstrated by a decline in overall vacancy, and rising rental rates have done little to deter retailers who are looking to expand and secure space in prime locations.
As a result, demand for rentals will remain intense, and we expect vacancy to decline to a scant 2.8 percent.
Looking at commercial vacancy rates from the fourth quarter of this year to the fourth quarter of 2012, NAR forecasts vacancies to decline 0.6 percentage point in the office sector, 0.4 point in industrial real estate, 0.8 point in the retail sector and 0.7 percentage point in the multifamily rental market.