Sentences with phrase «year average vacancy rate»

Apartments — Vacancy rates are expected to increase slightly to 4.8 percent in 2016 and 5.0 percent in 2017; however, these forecasts remain below the 20 - year average vacancy rate.

The five - year average vacancy rate is 2.9 per cent.

Not exact matches

The suburban office sector ended last year with an average vacancy rate of 9.3 percent, compared to 12.3 percent for the central business district (CBD), reports Valuation International, Ltd., (VIL) of Atlanta in its publication Viewpoint 1998.

The European Commission has found a worrying 42 per cent of UK employers reported difficulties recruiting skilled IT workers — above the EU average — and predicts that there will be 900,000 unfilled technical vacancies in Europe by 2015, with the number of digital and technology jobs growing at a rate of more than 100,000 a year.

That's a stark contrast from the three preceding years, when 355,000 new units were added to the supply and the average vacancy rate climbed from 5.8 % to 8 %.

He continues to anticipate an average vacancy rate of well under 5 percent for apartments for the rest of the year.

The North County sub-market in the San Francisco area has a vacancy rate of 0.5 percent and rent growth of more than 51 percent year - over-year, currently averaging almost $ 58 per sq. ft.. Other high - rent, low - vacancy sub-markets include Torrey Pines in San Diego (3.3 percent vacancy and $ 427.40 per sq. ft. average rent), Lake Union in Seattle (2.6 percent vacancy and $ 43.87 per sq. ft. average rent) and Philadelphia's Central Business District (CBD)(1.5 percent vacancy and $ 28 per sq. ft. average rent).

For New York City as a whole, Marcus & Millichap research forecasts a 6.8 % total retail vacancy rate and average asking rents of $ 61 per sq. ft. by year's end.

The average vacancy rate was 5.0 percent in the second quarter, down 20 basis points from the year before, according to MPF.

«In the high - risk, high - yield markets, where unemployment and vacancy rates are higher than national averages, the average return was a whopping 19 percent, actually up from a year ago thanks to a strong increase in rental rates,» Blomquist continued.

With continued strong demand on the back of healthy FDI and robust GDP growth, we expect to see an extremely low vacancy rate across all office grades and an average rental growth of approximately 8.4 % per annum in the next three years.

However, according to the Outlook, nearly two - thirds of metros will end the year with vacancy rates below their historical averages.

Class - A office vacancy rate in the CBD sits at 14.4 %, below the national average but the highest level in three years, according to CoStar Group Inc..

But for most of this year, average vacancy rates stayed low...

Vacancy rates are approximately 50 basis points below their peak but still 60 basis points higher than their 10 - year average, so it is still a tenant's market and should continue to be through 2013.

You should have a pretty good gauge on the average vacancy rate in your area, but the general rule of thumb is to assume that a property will sit empty for one month out of the year.

In 34 suburban markets, vacancy rates averaged 16.6 percent, down from 18.3 percent a year ago.

In the 31 downtown metropolitan areas surveyed by Cushman & Wakefield, vacancy rates averaged 16.9 percent in the first quarter, down from 18.4 percent in the year earlier period.

Office — Office vacancy rates are expected to continue declining, bringing the vacancy rate below the 20 - year average, to 13.3 percent in 2015, 12.7 percent in 2016, and 12.3 percent by the end of 2017.