residentialturnover
nounUK /ˌrezɪˈdenʃl ˈtɜːnəʊvə/
US /ˌrezɪˈdenʃl ˈtɜːrnoʊvər/
When people move out of homes and new people move in.
The neighborhood has a high residential turnover because many families move every year.
RELATED WORDS
OTHER MEANINGS
2. The rate at which residents leave and are replaced in a building or area.
The apartment complex tracks residential turnover to plan maintenance.
3. The process of selling and buying homes in a local market.
Residential turnover slowed during the winter months.
4. The number of people moving in and out of a care home or dormitory.
The dorm's residential turnover happens mostly at semester breaks.