Sentences with phrase «rental vacancy rate»

The rental vacancy rate refers to the percentage of unoccupied rental units in a particular area or market. It helps determine how many rental properties are currently available for rent. Full definition
How does this manager's vacancy rate compared to the overall vacation rental vacancy rate in the area?
It's not surprising the third quarter national rental vacancy rate of 2017 rose 0.7 points to 7.5 percent.
As rental vacancy rates fall across most parts of the country and more jobs are created, they will continue to jump further.
In 2014 rental vacancy rates decreased by 2 % which indicates more people were opting to rent instead of purchasing a home.
That's why we looked at rental vacancy rates, which by definition aren't meant to be a lifetime arrangement.
The housing shortage has driven rental vacancy rates to the lowest in living memory.
Due to these demands, North Dakota experiences one of the lowest rental vacancy rates in the nation.
To measure this aspect of the market we collect CMHC's figures on the five - year change in rent prices and the current rental vacancy rates for each city.
But, note that in the hottest markets — Vancouver and Toronto — rental vacancy rates remain extremely low and even fell in Vancouver, despite huge condo construction activity.
Sin City also has a high proportion of renters to homeowners and the highest rental vacancy rate on the list.
The 2018 provincial budget phases out the Saskatchewan Rental Housing Supplement (SRHS) on the grounds that higher rental vacancy rates make the program unnecessary.
With an extremely low rental vacancy rate hovering around 0.5 percent and an expensive real estate market, it is notoriously difficult to find an affordable rental apartment in Vancouver.
Alaska as a whole experiences a 5.62 percent rental vacancy rate, and in areas such as Anchorage it is even lower at just over 4 percent, making the state appealing for potential landlords to meet demand.
Winnipeg's.8 per cent rental vacancy rate (the lowest vacancy rate of 34 census metropolitan centres surveyed by Canada Mortgage and Housing Corp. in fall 2010) is a contributing factor in making Winnipeg's housing less affordable, says the report.
The average rental vacancy rates in these counties were 7.4 percent compared to a national average of 8.7 percent as of the end of 2012.
This dynamic, coupled with the low statewide rental vacancy rate of 1.5 percent, creates an extreme demand for affordable units at the low end of the market that isn't met by current rental housing stock.
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.
You have to show your investor clients you can walk the walk by providing ongoing details pertinent to their geographical areas of interest including rental vacancy rates, zoning changes, ways to boost property value, mortgage rates and products, and so on.
The U.S. rental vacancy rate hit a 21 - year low at the end of last year, according to the Census Bureau, giving landlords leverage to charge more.
Richmond has the second - highest residential - rental vacancy rate among our top ten cities.
To pinpoint these promising places, we started with the nation's 75 largest metropolitan areas and ranked them based on average monthly rent, median household income for renters, residential rental vacancy rate and overall cost of living.
«There are rental vacancy rates across the province of less than one per cent.»
The Fed noted that rental vacancy rates in northern New Jersey and upstate New York remained near multiyear lows, while rents rose by about 4 % year - on - year.
«With lower rental vacancy rates and rising rents, combined with still historically favorable affordability conditions, more people are buying homes.
There has been a rental vacancy rate of below five per cent in the city since 1965.
«Rental vacancy rates are a leading indicator of housing activity, especially in the condo sector.
What is noteworthy about this chart is that rental vacancy rates have skyrocketed in those regions where the oil price rout has hit the hardest — Alberta, Saskatoon and Atlantic Canada.
The economics of investing will likely continue to deteriorate with the rental market well supplied, the rental vacancy rate rising and rents stagnating.
Columbus» low rental vacancy rates and its RPP at 5.5 percent below the national average make it the last city on the list to round out the top 10.
This in turn will help boost the rental vacancy rates, keep rents flat, and make buying condos for investment purchases less attractive.
The rental vacancy rate remains high.
The rental vacancy rate in Cottage Grove (population of 9,700) is 1 %.
«With lean for - sale inventories and low rental vacancy rates, many markets have seen housing prices outpace inflation,» Nothaft says.
With the suburban - focused homebuilding industry in shambles, as the rental vacancy rate plunged, apartment construction boomed.
Persistent housing shortages and falling rental vacancy rates are behind the rising rates.
«According to the Housing Vacancy Survey, the rental vacancy rate fell for the seventh straight year in 2016, dipping to 6.9 percent — its lowest level in more than three decades.
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2015 the rental vacancy rate for Phoenix Arizona was 7.60 % according to Census ACS data.
Data is also available below for Phoenix rental vacancy rates, Phoenix rent as a percent of median income and the fraction of renters in Phoenix.
The rental vacancy rate in Phoenix peaked in 2009 at 13.58 %.
The rental vacancy rate held steady at 8.6 % during the third quarter, tying last quarter's mark as the lowest reading on the rental vacancy rate since mid-2002.
The rental vacancy rate is computed by dividing the number of vacant units for rent by the sum of the renter - occupied units, vacant units that are for rent, and vacant units that have been rented but not yet occupied.
The rental vacancy rate is the third - lowest in the nation.
In turn, the rental vacancy rate decreased, dropping seven years in a row, and rents increased significantly while the housing market slowly recovered.
As of the first quarter of 2012, the rental vacancy rate dropped to 8.8.
While homeownership has been declining, rental vacancy rates have declined as well.
What are the rental vacancy rates in Las Vegas?
Las Vegas Rental Market Statistics 2017 - 2018 What are the rental vacancy rates in Las Vegas?
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