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The Domain report said low and falling house vacancy rates suggested average house rents in Melbourne would continue to rise in the coming months.
Penny Sharpe will nominate for the NSW upper house vacancy she created when she chose to run for the lower house seat of Newtown in last month's state election.
In the only contest of the night that will send a new lawmaker to Congress, voters in the northwest corner of Georgia elected a former State House member, Tom Graves, to fill a House vacancy created when Representative Nathan Deal left to run for governor.
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The housing vacancy rate, meanwhile, nearly doubled to 37%.
The city's housing vacancy rate is 3.19percentt, and housing prices are among the nation's highest.
New York secured the largest grant in federal HUD's history to retain and attract businesses south of 14th Street, and residential incentives have already played a part in slashing housing vacancy rates south of Chambers Street.
THIS is an interesting thought experiment, courtesy of Alex Tabarrok, who notes that America's housing vacancy rate is at record highs and writes:House prices may be sticky but they have fallen a lot--maybe not enough--but they have fallen a lot more than have wages.
A recent study conducted by New Jersey Transit for the town of Dover called the housing vacancy rate "quite tight" and predicted that by the year 2010 Dover would require at least 600 new housing units to keep pace with a projected 6percentt population growth.
The study — by researchers at the Furman Center for Real Estate and Urban Policy and based in part on the city's Housing Vacancy Survey, done by the Census Bureau every three years — found that the combination of stagnant incomes and rising rents had landed especially hard on households with incomes of $24,000 to $32,000.
The study, done by the company's housing economist and MBA student Andrew Duboff, isolated for factors including population, median household income, median home values, rental housing vacancy rates, and impact of local rent control ordinances.
Metropolitan Los Angeles has less than a 3percentt housing vacancy rate.
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