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In real estate, vacancy refers to rental units or commercial spaces that are currently empty and not generating income. :
: The percentage of available units in a rental property that are unoccupied at a given time. It is calculated to assess demand; low rates indicate high demand, while high rates can signal market saturation or property issues. Vacancy
: Caused by physical damage or necessary repairs that prevent the unit from being rented. In real estate, vacancy refers to rental units
: A broader measure that includes units not collecting rent, such as model units, manager quarters, or unrentable units undergoing repairs. Common Types of Vacancy : In real estate
: Occurs during standard tenant turnover at the end of a lease.
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