housing turnover
nounUK /ˈhaʊzɪŋ ˈtɜːnəʊvə/
US /ˈhaʊzɪŋ ˈtɜːrnoʊvər/
Housing turnover is when people move out of homes and new people move in.
The city has high housing turnover because many students move in and out each year.
RELATED WORDS
OTHER MEANINGS
2. The number of homes sold in an area during a period of time.
Housing turnover rose sharply last spring as more families bought homes.
3. The rate at which residents leave and are replaced in a housing complex.
The apartment manager tracks housing turnover to plan repairs between tenants.
4. The process of replacing old housing with new homes or residents.
Rapid housing turnover changed the neighborhood's character within a decade.