U.S. Homeownership & Rental Vacancy Rates for Q2

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The U.S. government is reporting that national vacancy rates in Q2 2019 were 6.8% for rental housing and 1.3% for homeowner housing.  The national homeownership rate came in at 64.1%.  In addition, the report says that approximately 87.8% of the housing units in the U.S. were occupied and 12.2% were vacant. Owner-occupied housing units made up 56.3% of total housing units, while renter-occupied units made up 31.5 percent of the inventory in the second quarter 2019.

Click here to read the release at Census.gov.

 

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Director of Education & Outreach, National Real Estate Investors Association