The data describes a forecast of office vacancy rates in the Unites States from the first quarter of 2018 to the third quarter of 2019. It was expected that the office vacancy rate would amount to 11.2% in the third quarter of 2019.
Office vacancy in the U.S. – additional information
Real estate refers to properties, such as buildings and houses, and lands, and can be divided into three major types – residential, commercial and industrial. Offices are usually associated with commercial real estate. The vacancy rate depends on factors such as location of the real estate, type and cost of it, its business environment, logistics and demographics.
