Quirky Housing Occupancy Data in 1Q2011

April 27th, 2011
in econ_news

Econintersect: Latest data released by US Census shows a jump in rental housing vacancy and a slight improvement in vacancy rates in homeowner housing.

National vacancy rates in the first quarter 2011 were 9.7 percent for rental housing and 2.6 percent for homeowner housing, the Department of Commerce’s Census Bureau announced today. The rental vacancy rate of 9.7 percent was 0.9 percentage points lower than the rate recorded in the first quarter 2010 (+/-0.5 percentage points) and 0.3 percentage points higher than last quarter (+/-0.4). The homeowner vacancy rate of 2.6 percent was approximately the same as the first quarter 2010 rate (+/-0.2) and 0.1 percentage point lower (+/-0.2)* than the rate last quarter (2.7 percent).

Follow up:

The homeownership rate of 66.4 percent was 0.7 percentage points (+/-0.4%) lower than the first quarter 2010 rate (67.1 percent) and 0.1 percentage point (+/-0.4%)* lower than the rate last quarter (66.5 percent).

Overall, 85.6% of the housing units were occupied and 14.4% were vacant. Owner-occupied housing units make up 56.9% of total housing units, while renter-occupied units make up 28.8 percent of the inventor. Vacant year-round units comprise 10.9% of total housing units, while 3.5% were for seasonal use.

source: US Census


Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.

 navigate econintersect.com


Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day


Asia / Pacific
Middle East / Africa
USA Government

RSS Feeds / Social Media

Combined Econintersect Feed

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution



  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2017 Econintersect LLC - all rights reserved