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Statistical Brief: Housing Vacancy Rates: 1989 to 1991
Statistical Brief: Housing Vacancy Rates: 1989 to 1991
Report Number SB/92-11
At any given time, many American houses and apartments are vacant for rent or for sale. The U.S. rental vacancy rate stood at 7.4 percent in 1991, up from 7.2 percent in.1990. This marks the first increase since 1987, when the rate rose from 7.3 percent in 1986 to 7.7 percent.
In contrast, the U.S. homeowner vacancy rate remained statistically unchanged between 1989 and 1991, at 1.7 percent. Using data from the Current Population Survey/Housing Vacancy Survey, this brief will examine how vacancy rates changed between 1989 and 1991 in different geographic areas — regions, States, and metropolitan areas — and what the rates were for homes with specific characteristics.
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