Intro to Modern Real Estate: If employment and population increase, demand and prices increase. If they decrease, the opposite occurs.
Supply-demand indicators are price, vacancy, and absorption.

Question

If employment and population increase, demand and prices increase. If they decrease, the opposite occurs.
Supply-demand indicators are price, vacancy, and absorption.

Kevin Smith · Accepted Answer

Vacancy: Is existing, unoccupied supply.
 
Absorption: Is the “filling up” of vacancy.

Intro to Modern Real Estate

If employment and population increase, demand and prices increase. If they decrease, the opposite occurs. Supply-demand indicators are price, vacancy, and absorption.

Vacancy: Is existing, unoccupied supply. Absorption: Is the “filling up” of vacancy.

Author