While the reported number of
vacancies declined in the June quarter, the series has trended upwards for some time and in the June quarter was still more than 10 per cent higher than a year earlier.
NEW YORK (Reuters)- The U.S. apartment sector posted its smallest
vacancy decline in nearly two years, raising the possibility that the strongest commercial real estate category may be succumbing to the sluggish economy, according to real estate research firm Reis Inc..
Of the 45 affordable housing markets, 38 posted
a vacancy decline in the second quarter.
Rising Sales and Falling Vacancies According to data provided by commercial real estate services firm Cassidy Turley, the United States retail sector reported its first
vacancy decline in over five years as the market's recovery gained momentum.
Not exact matches
The biannual report indicated that the national
vacancy rate
declined to 7.3 percent
in 2017, its lowest level since the Irvine - based online real estate transaction platform began tracking the sector
in 1999.
Based on the surge
in firms reporting difficulties filling job
vacancies, we suspect the unemployment rate fell to just 4.2 %
in August, with further
declines looking likely over the coming months.
Vacancy rates
in both cities have
declined a little recently, but remain at high levels and could move higher as a large number of new apartments comes on stream.
Conditions
in the office market continued to be soft over the first half of the year, with the national
vacancy rate rising and effective office rents
declining.
Home > XE Currency Blog > Apartment rents soar 5 %
in 4th Quarter;
vacancies decline back to generational low
A similar political sleight - of - hand could be accomplished if Rangel files petitions and then
declines the nomination, enabling his committee on
vacancies to select a candidate to run
in his stead.
Back
in 2010, then - gubernatorial candidate Andrew Cuomo
declined to endorse Tom DiNapoli's bid for a full term as comptroller, a position he gained after being elected by the state Assembly to fill the
vacancy created by the scandal - scarred Alan Hevesi.
Mr. Cuomo
declined to call special elections to fill numerous
vacancies during the state legislative cycle
in 2014.
The
decline in the average number of applicants per
vacancy suggests that the labour market has got tighter and schools are finding it harder to recruit.
The glowing words and photos are accompanied with a pretty good looking chart too, showing the
declining vacancy and rising rents
in those two markets as well: Continue reading What's not to like about the Seattle and Portland Apartment Building Investment Markets?
REIT Risk (Real Estate Fund only): The Fund's investments
in REITs may subject the fund to the following additional risks:
declines in the value of real estate, changes
in interest rates, lack of available mortgage funds or other limits on obtaining capital, overbuilding, extended
vacancies of properties, increases
in property taxes and operating expenses, changes
in zoning laws and regulations, casualty or condemnation losses and tax consequences of the failure of a REIT to
The survey, which was compiled based on the recruiter's comprehensive data on advertised roles, also reveals the regional variations
in vacancy decline.
THE POSITION: * The successful candidate will be working as a Recruitment Consultant within the companies commercial recruitment division and handle the full 360 recruitment cycle * Responsible for winning new business development and managing / nurturing existing accounts * Attending external networking events and business meetings with prospective clients * Working closely with the business development & marketing team to quickly embed new clients that they win into the business by providing a best
in class service * With support from the admin team: Advertising
vacancies, proactively searching for talent, screening candidates, preparing candidate CV's and managing the full process through to offer /
decline THE PERSON: We are looking for an individual who is already working as a Recruitment Consultant within a Recruitment Agency environment with experience of handling permanent
vacancies Experience within the Commercial Recruitment Sector would be a significant advantage, however, we are interested
in speaking with candidates any area of professional recruitment who have the ability to easily transfer to a new sector (or convince us why we should adopt the sector
in which they currently operate INTERESTED?
Businesses looking to hire talented workers
in Germany face a labour market with rising
vacancies and a
declining working age population.
A fall
in the rate of unfilled
vacancies and falling structural employment suggests talent mismatch issues are
declining.
For some employers the
decline in graduate
vacancies had been mitigated by an increase
in apprenticeships, although not enough to make up for the shortfall, according to AGR.
THE POSITION: * The successful candidate will be working as a Senior Recruitment Consultant within the companies commercial recruitment division and handle the full 360 recruitment cycle * Mentoring newer members of the team and trainees * Responsible for winning new business development and managing / nurturing existing accounts * Attending external networking events and business meetings with prospective clients * Working closely with the business development & marketing team to quickly embed new clients that they win into the business by providing a best
in class service * With support from the admin team: Advertising
vacancies, proactively searching for talent, screening candidates, preparing candidate CV's and managing the full process through to offer /
decline THE PERSON: We are looking for an individual who is already working as a Recruitment Consultant within a Recruitment Agency environment with experience of handling permanent
vacancies Experience within the Commercial Recruitment Sector would be a significant advantage, however, we are interested
in speaking with candidates any area of professional recruitment who have the ability to easily transfer to a new sector (or convince us why we should adopt the sector
in which they currently operate INTERESTED?
Vacancy rates for all apartment buildings with 5 units or more
declined to 12.1 % from 12.5 %
in the previous quarter, according a National Multi-Housing Council (NMHC).
Retail
vacancy rates are projected to
decline from 12.9 percent
in the third quarter of this year to 12.2 percent
in the third quarter of 2012.
The outlook for 2016 is expected to be extremely slow
in Houston, with rising
vacancies, flat or even
declining rents and a heavy load of space still left to absorb due to a high volume of sublease space coming back to the market and a wave of new construction completions.
Industrial
vacancy rates are likely to
decline from 12.7 percent
in the current quarter to 12.1 percent
in the third quarter of 2012.
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.
A
decline in construction activity also should help stem rising
vacancies.
After peaking at 8.0 percent
in the first quarter of 2010, the national apartment
vacancy rate
declined 240...
The CBDs that suffered the largest rent
declines since 2001 — San Jose, San Francisco, Oakland, Boston, Austin, and Seattle — generally have recorded an improvement
in the office
vacancy rate, but there are some exceptions.
The U.S. office
vacancy rate has continued to steadily
decline, moving from 10.7 percent
in 2015 to 10.4 percent
in 2016.
The national
vacancy rate for the office sector fell to 16.8 percent
in the second quarter, a 10 basis point
decline over the first quarter of the year.
The
decline in vacancy has been much slower among the rest of the nation —
vacancy in those metros hit a cyclical high of 18.7 percent
in the second quarter of 2011 and has fallen only to 18.4 percent as of year - end 2014.
It is therefore unsurprising that national
vacancies have not
declined much since they peaked at 17.6 percent
in late 2010.
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.
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.
Office
vacancy fell to 13.5 percent
in the third quarter, according to a market report from commercial real estate services firm CBRE, a
decline of 80 basis points from 14.3 percent
in the third quarter of 2014.
Vacancy rates continued to
decline in the first quarter and rents climbed at a healthy rate...
National
vacancy rates
declined and net absorption inched upward, indicating healthy market fundamentals
in the office sector.
At the end of the first quarter, the
vacancy rate
in Washington D.C.
declined 30 basis points to reach 10.4 %, well below the national average of 17.3 %, according to Reis, a New York - based real estate research firm.
Vacancy rates
in the retail market are expected to
decline from 9.7 percent currently to 9.5 percent
in the first quarter of 2016.
As a result, existing
vacancy rates
declined by 300 basis points from the end of 2016, reaching 16.8 percent
in mid-2017, he notes.
On a year - over-year basis,
vacancy has fallen just 10 basis points, with the only
decline coming
in the fourth quarter of 2013.
Buoyed by continued job growth, with 2.2 million jobs added
in 2016 and another 2 million predicted this year, the report forecasts net absorption of 83 million sq. ft. nationally
in 2017, with another 20 basis point
decline in U.S.
vacancy to 14.3 percent, marking the low point of the current cycle.
The national office
vacancy rate
declined by 10 basis points during the first quarter to 17 percent, marking exactly the same pace as the
decline recorded
in the prior quarter.
Office
vacancy in central business districts (CBDs)
declined 20 basis points to 10.9 %
in the third quarter while suburban office
vacancy remained flat at 14 %, according to Chicago - based real estate brokerage Grubb & Ellis.
Demand for space remained solid across the core property types, leading to continued
declines in vacancies.
Virtually no new supply has been delivered
in the Chicago market since the end of 2016, according to West, and
vacancy rates
declined to a «scant» 2.1 percent — the lowest rate among primary U.S. markets.
«The past few years have been booming
in Atlanta, but with the technology
decline there has been a noticeable increase
in office
vacancy rates; the apartment occupancy rates have been touched by the decrease
in the number of jobs created each year; all of which are affecting the retail market.»
Vacancy rates
in the office sector are expected to
decline from a projected 15.6 percent
in the fourth quarter to 15.4 percent
in the fourth quarter of 2014.
Office leasing
declined in New Jersey
in the first quarter, but the state's office
vacancy rate is the lowest
in nine years, according to the Wall Street Journal.