Homeownership & Rental Vacancy Rates Hold Firm

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The U.S. government is reporting that the national vacancy rates in Q1 2018 were 7.0% for rental housing and 1.5% for homeowner housing. The rental vacancy rate of 7.0% was virtually unchanged from the rate in Q4 2017.  The homeowner vacancy rate of 1.5% was 0.2 percentage points lower than the rate in Q1 2017 and 0.1 percentage point lower than Q4 2017.  The homeownership rate of 64.2% was not statistically different from the rate in Q1 2017 and virtually unchanged from Q4 2017.

Click here to read the full release on Census.gov.