U.S. Homeownership & Rental Vacancy Rates for Q1

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The U.S. government is reporting that national vacancy rates in Q1 2019 were 7% for rental housing and 1.4% for home-owner housing.  The national homeownership rate came in at 64.2%.  The report says that approximately 87.9% of the housing units in the U.S. were occupied and 12.1% were vacant. Owner-occupied housing units made up 56.5% of total housing units, while renter-occupied units made up 31.4 percent of the inventory in the first quarter 2019.

Click here to read the full release at the U.S. Census Bureau.

 

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Director of Education & Outreach, National Real Estate Investors Association

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