Absorption rates to improve across all property types in 2012
OtherNet absorption rates in the U.S. turned positive during 2011 for all major property types, according to CBRE Econometrics, which expects the trends to continue in 2012 on the heels of employment growth and then accelerate in 2013. The absorption rate is the percentage of units expected to be rented or purchased over a period of time. After a downturn across all property types, annualized apartment absorption turned positive at the beginning of 2010, office by mid-2010, industrial in 2010, […]