Applicants in Queue measures how many individuals are registered in the housing queue at a given point in time. The metric includes all active applicants, whether they have expressed interest in a specific unit or only maintain general preferences. It therefore reflects overall demand pressure on the portfolio.
How is it calculated?
Number of registered individuals in the housing queue at the measurement date
Why is it important to follow?
This metric is key for understanding housing demand and portfolio attractiveness. A high number of applicants in queue may indicate strong demand and high competition for available units, while a low number may suggest weaker demand or increased supply. By tracking this metric over time, property companies can analyze market dynamics, adjust leasing strategies, and support decisions on new developments and portfolio management.