Which of the following is a common indicator of market trends in property management?

Local employment rates and economic growth serve as significant indicators of market trends in property management because they directly influence demand for housing and rental properties. When employment rates are high or economic growth is robust, more people are likely to secure jobs, which can lead to increased demand for housing as individuals move to areas with better job prospects. This heightened demand can result in lower vacancy rates and potentially higher rental prices, making it essential for property managers to understand and monitor these economic indicators.

In contrast, while temperature changes may affect seasonal considerations in a property management context, they do not provide a comprehensive picture of market trends. The number of vacant properties alone offers limited insight without context about the reasons behind those vacancies or the overall market dynamics. Seasonal rental patterns can reveal trends specific to certain times of the year but may not accurately reflect the underlying fundamentals that drive the broader real estate market. Hence, analyzing economic growth and employment rates provides a more holistic view of market trends that affect property management decisions.