This technique is utilized to forecast the vacancy rate for the next year or period. It involves averaging the previous year’s vacancy rates. The averaging method is especially effective when vacancy rates have shown little variability or have remained relatively flat over time.
Averaging Method
This technique is utilized to forecast the vacancy rate for the next year or period. It involves averaging the previous year’s vacancy rates. The averaging method is especially effective when vacancy rates have shown little variability or have remained relatively flat over time.