First Quarter 2009 Report on Residential Vacancies and Homeownership

The Census Bureau released a report today showing the national vacancy rates in the first quarter 2009 stood at 10.1% for rental housing and 2.7% for homeowner housing. The overall vacancy rate refers to the number of units that will be available by a particular point in time. The Census Bureau also said the rental vacancy rate was not statistically different on a Y/Y basis or the rate last quarter (10.1% each).

For homeowner vacancies, the current rate was lower than the Q1’08 rate, but not statistically different from the rate last quarter (2.9% each). The homeownership rate at 67.3% for the current quarter was lower than the first quarter 2008 rate (67.8%), the report said.

Graphs: U.S. Census Bureau

Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!

Be the first to comment

Leave a Reply

Your email address will not be published.


*

This site uses Akismet to reduce spam. Learn how your comment data is processed.