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As vacancy rates climbed, real estate companies in New York and Kansas City reported worsening conditions.
As vacancy rates climb and values drop, many of these loans will need to be restructured.
The effect has been to drive up both house prices and rents, as vacancy rates hit record lows.
Sales of commercial property to investors continued at a good pace, even as vacancy rates continued to rise.
Last time round many owners had to sell as vacancy rates soared because they could not afford to finance empty buildings, so prices plunged.
Commercial real estate also continued to weigh on many regions, as vacancy rates increased, rents decreased and construction remained lackluster, the report said.
Similar(32)
Most of the As atoms are in the oxide (approximately 40 atoms), at the oxide/Si interface (approximately 50), in As-vacancy (As-V) clusters (approximately 90), and As precipitates (approximately 90) (see Figure 1).
As long as vacancies remain low, unemployment will remain high.
As vacancies increase and rents fall, so do property values.
Business surveys suggest the demand for subcontractors is soaring as vacancies remain unfilled.
As vacancies have diminished, rental rates have risen, although they are still low compared with Manhattan.
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