The U.S. Census Bureau recently reported that national vacancy rates in the 3rd quarter of 2016 were 6.8% for rental housing and 1.8% for homeowner housing. The rental vacancy rate of 6.8% was 0.5 percentage points lower than the rate in the Q3 of 2015 and virtually the same rate as Q2 of 2016. The homeownership rate was 63.5% was not statistically different from the rate in Q3 of 2015 and was 0.6 percentage points higher than the rate in the Q2 of 2016.
