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Office vacancies climbed more than 5% in six of the top 25 US markets this year, according to CommercialEdge. Sale prices, meanwhile, dropped again, down 9% from the average price in 2023.
In the second quarter of this year, “the office sector set a record vacancy rate at 20.1%, breaking the 20% barrier for the first time in history,” a Moody’s analysis published today read ...
For five years up until 2022, the housing vacancy rate in the largest U.S. cities fell from 9.3% to 7.3%. During that same period, the median sale price of a home in the U.S. jumped from $322,425 ...
In the United States the Census Bureau keeps track of vacancy rates. [1] In Canada Canada Mortgage and Housing Corporation measures vacancy rates of 25 metropolitan areas and for the 75 largest Metropolitan Statistical Areas (MSAs) across the country [2] and publishes the findings semi-annually in June and December. [3]
Vacant housing is virtually non-existent. The 2000 Census reports a 3% vacancy rate, that reflects short-term market vacancies. Home ownership, a major strength of the neighborhood, has remained steady with a rate of 80%, which is much higher than the city as a whole.
Beveridge curve of vacancy rate and unemployment rate data from the United States Bureau of Labor Statistics. A Beveridge curve, or UV curve, is a graphical representation of the relationship between unemployment and the job vacancy rate, the number of unfilled jobs expressed as a proportion of the labour force. It typically has vacancies on ...
The national office vacancy rate rose to a record-breaking 19.6% in the fourth quarter of 2023, Moody’s Analytics said. That’s the largest quarterly increase since the first quarter of 2021 ...
From 2006 to 2010, the percentage of malls that are considered to be "dying" by real estate experts (have a vacancy rate of at least 40%), unhealthy (20–40%), or in trouble (10-20%) all increased greatly, and these high vacancy rates only partially decreased from 2010 to 2014. [9]