Top Retail Markets For 2009
The NRI ranks 43 retail markets based on 12-month forward-looking indicators of employment growth, vacancy, construction, household formation, retail sales, rent growth and an additional analysis of local housing market conditions. The Index is intended to provide a summary measure of key demand and supply conditions in each market. According to the latest NRI the top five retail markets in 2009 will be:
According to the national director of Marcus & Millichap’s National Retail Group the top markets are mainly desirable places to live, with high household incomes. These markets are also characterized by low vacancy rate and relatively low development activity.
|
