Sentences with phrase «turn lowers the vacancy rate»

That in turn lowers the vacancy rate and puts upward pressure on Vancouver's rental rates.

Not exact matches

It means Airbnb's popularity could be contributing to the critically low vacancy rate, which is, in turn, driving up rents.

The moves represent a turn for a commercial real estate market that until recently had the nation's lowest vacancy rate, driven by early stage tech firms scooping up space and Silicon Valley giants expanding to accommodate workers seeking an urban lifestyle.

This in turn will help decrease vacancies, lower turnover rates, and boost desirability.

Going forward, experts say continued demand, and the lowest vacancy rate since the turn of the century, at 7.2 percent, will keep construction...