Vacancy Rate is the percentage of vacant rental properties in an area reported at the end of each quarter. The lower the rate, the better. Low rates are indicative of under-supplied markets with upward pressure on rents and cash-flow yield. It’s much easier to find tenants in these markets.
Vacancy Rates as well as Discounting, DoM (Days on Market) and DoRM (Days on Rental Market) metrics will be included in all HtAG Store Reports starting from Jan 18, 2021.