Homeownership & Rental Vacancy Rates Remain Steady

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The U.S. government is reporting that the national vacancy rates in Q3 2018 were 7.1% for rental housing and 1.6% for homeowner housing.  The rental vacancy rate was virtually the same as Q2 and 0.4% lower than the third quarter of 2017.  The homeowner vacancy rate was 1.6%, which is 0.1 percentage points higher than the the second quarter 2018, but is the same as one year ago.  The U.S. homeownership rate was 64.4%, which was not statistically different from the second quarter 2018 or one year ago.

Click here to read the full report at Census.gov.

 

 

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Director of Education & Outreach, National Real Estate Investors Association

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