Although housing markets are currently facing higher occupancies and tighter vacancies due to increased demand and slowdown of construction from the pandemic years, cities like Berlin, Manchester and London have had tight vacancy rates even before the pandemic because of the strong population and job growth, and low housing supply. Note: Data for Berlin, Singapore, US, Aus updated up to 2022. Hong Kong & UK updated to 2021 and Kuala Lumpur updated to 2020. Source: Department for Levelling Up, Housing and Communities and Ministry of Housing, Communities & Local Government (UK), Urban Redevelopment Authority (Sg), Engles & Voelkers (Berlin), Rating & Valuation Department (HK), US Census Bureau & Federal Reserve Bank of St Louis (US), SQM Research (Aus), Department of Statistics Malaysia & malaysianow.com (KL)
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