vacancy rate (Meaning)
Wordnet
vacancy rate (n)
the percentage of all rental units (as in hotels) that are unoccupied or not rented at a given time
Synonyms & Antonyms of vacancy rate
No Synonyms and anytonyms found
vacancy rate Sentence Examples
- The commercial vacancy rate in the downtown area has remained stubbornly high despite recent efforts to attract businesses.
- The low vacancy rate in the residential market is making it difficult for first-time homebuyers to find affordable housing.
- The vacancy rate in the office sector has risen significantly due to the increasing popularity of remote work.
- The city's efforts to increase tourism have resulted in a decrease in the hotel vacancy rate.
- The abundance of new apartment complexes has led to a decrease in the vacancy rate in the rental market.
- The economic downturn has caused an increase in the vacancy rate in the retail sector.
- The vacancy rate in the industrial sector is at its lowest level in years, indicating strong demand for warehouse space.
- Developers are hesitant to build new properties due to the high vacancy rate in the commercial market.
- The government has implemented policies to encourage businesses to occupy vacant properties, thereby reducing the vacancy rate.
- The vacancy rate is often used as an indicator of the health of the real estate market.
FAQs About the word vacancy rate
the percentage of all rental units (as in hotels) that are unoccupied or not rented at a given time
No synonyms found.
No antonyms found.
The commercial vacancy rate in the downtown area has remained stubbornly high despite recent efforts to attract businesses.
The low vacancy rate in the residential market is making it difficult for first-time homebuyers to find affordable housing.
The vacancy rate in the office sector has risen significantly due to the increasing popularity of remote work.
The city's efforts to increase tourism have resulted in a decrease in the hotel vacancy rate.
