The U.S. government is reporting that the national vacancy rates for Q1, 2024 were 6.6% for rental housing and 0.8% for homeowner housing. The national homeownership rate for Q1 2024 was 65.6%. In addition, approximately 89.6% of the housing units in the United States in Q1 were occupied and 10.4% were vacant. Owner-occupied housing units made up 58.8% of total housing units, while renter-occupied units made up 30.8% of the inventory. Vacant year-round units comprised 7.9% of total housing units, while 2.5% were vacant for seasonal use.
Click here to read the full release at the U.S. Census Bureau.
