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Preferred term

vacancy rate  

Definition

  • The vacancy rate is an important concept in market analysis for all residential and nonresidential (e.g., retail, office, warehouse) real property types. This discussion focuses on residential markets, especially the apartment market, but it is also applicable to the nonresidential markets. [Source: The Encyclopedia of Housing; Vacancy Rate]

Broader concept

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URI

https://concepts.sagepub.com/social-science/concept/vacancy_rate

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