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Metro East REIA

U.S. Homeownership & Rental Vacancy Rates for Q3 2020

The U.S. government is reporting that the national vacancy rates in Q3 2020 were 6.4% for rental housing and 0.9% for homeowner housing.  The national homeownership rate for Q2 2020 was 67.4%.  In addition, approximately 89.9% of the housing units in the United States in Q3 were occupied and 10.1% were vacant. Owner-occupied housing units made up 60.6% of total housing units, while renter-occupied units made up 29.3% of the inventory. Continue reading HERE...

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