English Synonym Finder

vacancy rate

Bookmark
Definitions

﹒The percentage of all available units in a rental property, such as a hotel or apartment complex, that are vacant or unoccupied at a particular time.

﹒A measurement used in real estate and economics to indicate the proportion of commercial or residential space that is currently unleased or empty.

Examples

﹒The city's high vacancy rate suggests that there is an oversupply of rental apartments in the downtown area.

﹒Investors are closely monitoring the vacancy rate of the commercial office building before deciding whether to purchase the property.

Does this result look wrong?

If the word feels off in actual usage, report it with one tap so we can review and improve it quickly.

Sign in to see fewer ads

Logged-in users see roughly 70% fewer ads. Save bookmarks and search more comfortably.