Sentences with phrase «seen vacancy decline»

Not exact matches

Even as new apartment completions bring more supply to many markets, the multifamily sector will still likely see a vacancy rate decline from 6.6 percent to 6.1 percent.

The level of demand we have seen over the past several years has significantly reduced the amount of available space, and these declining vacancy rates have driven an upward trend in rent growth, which we expect to continue for the foreseeable future.

With rent prices continuing to rise and vacancy rates continuing to decline, all of the panelists agreed that the market should continue to see growth well into 2015 and beyond.

Expect to see a period of rising vacancy rates and declining rent growth, according to Fannie Mae.

However, the biggest increases were in high - end inventory, a sector of the market already seeing declines in rental rates amid higher vacancies.

«I see vacancy continuing to decline in the next two years, on a national basis, through the end of 2017,» Havsy says.