The vacancy rates among single-family rentals remained relatively flat month-over-month despite a general trend of a rising number of lease expirations. This information is based on the June 2015 Single-Family Research Performance Summary covering all Morningstar- Rated Securitizations.
“Vacancy rates generally remain low, cash flows remain sufficient to cover bond obligations, and the asset class mostly shows performance in line with its recent history,” Morningstar said in this report.