absorption rate
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Absorption Rate

The rate at which vacant business or residential space in an area is sold or rented over a given period of time. The absorption rate is expressed in square feet sold/leased as a percentage of the total available. Alternatively, one may express it as units (or homes) sold as a percentage of the total.

absorption rate

The rate at which vacant space is leased or purchased over a specified period of time. The absorption rate for commercial property is usually expressed in square feet per year; residential property is quoted in units (homes) per year.

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absorption rate (redirected from initial rate of absorption)

absorption rate
(redirected from initial rate of absorption)