Vacancy rate


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Vacancy rate

The ratio of the currently vacant area to the total available space.
References in periodicals archive ?
The purpose of this article is to (1) explore the concept of market equilibrium by tracing its evolution, (2) present a new definition for market equilibrium and equilibrium vacancy rate, and (3) offer possible applications of the new approach to market equilibrium.
BGC accounted for more than half of the new supplies with 140,800 sq m, but the robust demand in this submarket held the vacancy rate low for grade A offices at 3.
Jones Lang LaSalle announced that despite slower leasing volume over the summer, vacancy rates have fallen in Manhattan in all office building classes and every submarket in the third quarter of 2011.
Although that pain was reflected in the behavior of the physical vacancy rate, the economic vacancy rate offers a truer measure of the impact of the "housing boom" on the apartment industry.
Over 2007, Phoenix's office and industrial vacancy rate rose to 15.
That will bring the vacancy rate down to about 14 percent at the Palmdale station -- 22 vacancies out of a force of 160.
Over-supply, they contended, would push office vacancy rates in Tokyo into the double figures.
CMHC expects that the decline in the local vacancy rate was due to factors such as the employment generated by the new charity casino, and itinerant construction workers hired to work on any number of high profile industrial, commercial and institutional projects, ongoing in Thunder Bay presently," Philp says.
1 percent from the overall vacancy rate in the fourth quarter of 2010.
In the second quarter, the apartment and warehouse vacancy rates for the 54 markets that PPR surveyed were flat at 5.
While vacancy rates among children's social workers have fallen slightly in recent years--from 16% in 2000 to 11.