Homeownership Rate

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4/28/2020 10:00 AM EDT

     

Homeownership Rate

 

2nd Qtr 2020: 67.9

2nd Qtr 2019: 64.1

 

The homeownership rate of 67.9 percent was 3.8 percentage points higher than the rate in the second quarter 2019 (64.1 percent). The homeownership rates in the Northeast, Midwest, South, and West were higher than the rates in the second quarter 2019.

 

Rental Vacancy Rate

 

2nd Qtr 2020: 5.7

2nd Qtr 2019: 6.8

The rental vacancy rate in the second quarter 2020, 5.7 percent, was 1.1 percentage points lower than the rate in the second quarter 2019 (6.8 percent). The rental vacancy rates in the Northeast, South, and West were lower than the second quarter 2019 rates, while the rental vacancy rate for the Midwest was not statistically different from the second quarter 2019 rates.

 (*) The 90% confidence interval includes zero. The Census Bureau does not have sufficient statistical evidence to conclude that the actual change is different from zero.

 (°) Statistical significance is not applicable or not measurable for these surveys. The Manufacturers’ Shipments, Inventories and Orders estimates are not based on a probability sample, so we can neither measure the sampling error of these estimates nor compute confidence intervals.

(r) Revised.

All estimates are seasonally adjusted except for the Rental Vacancy Rate, Home Ownership Rate, Quarterly Financial Report for Retail Trade, and Quarterly Services Survey. None of the estimates are adjusted for price changes.

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