Self Storage Performance Quarterly Q1 2018
Self Storage Performance Quarterly
The graph below reflects the net difference in the ratio since February 2016. The trend line suggests that the ratio of move-ins is returning to parity with move-outs. In layman’s terms, when the trend line is sloping upward, demand is increasing and conversely, a downward sloping line would indicate weakening demand. Storage Demand – The following tables illustrate the trends in demand based upon 285,000± self- storage units found in 475± facilities SSDS tracks every month.
Ratio of Move-Ins to Move-Outs Net Difference in Ratio
0.4%
0.2%
0.0%
-0.2%
-0.4%
-0.6%
-0.8%
-1.0%
1-Year Moving Average
Storage Demand – Nationwide
1Q18 vs. 1Q17
February 2018 vs. January 2018
February 2018 vs. February 2017
Total Rental Activity
-3.5%
-0.4%
-5.8%
Move-Ins
-2.3%
-1.3%
-6.4%
Move-Outs
-4.7%
0.5%
-5.1%
Source: Cushman & Wakefield, Inc.
Source: Cushman & Wakefield, Inc. The Self Storage Performance Quarterly , a publication of Cushman & Wakefield, Inc., is intended solely for use by paid subscribers. Reproduction or distribution in whole or part without written permission is prohibited and subject to legal action. Copyright® 2018.
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