Vacancy Rate

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What is Vacancy Rate?

The vacancy rate (or rental vacancy rate) of a property represents;

  • Vacant units ready to be rented 
  • Units recently made vacant by tenants 
  • Units in need of repair 

A Vacancy rate (or rental vacancy rate), is usually presented as a percentage of the empty/vacant/unoccupied/available units in a rental property.
This figure is an important indicator for property owners to know how their investment is performing in the rental market.

FAQs about Vacancy Rate

What does a low vacancy rate mean?
How to calculate vacancy rate?
What causes high vacancy rates?

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Disclaimer: The views, information, or opinions expressed in this blog post are for general information purposes only and should not be relied upon. We have not taken into account specific situations, facts or circumstances, and no part of this blog post constitutes personal financial, legal, or tax advice to you. You should seek tax advice from your accountant, specific to your situation.

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