Housing Vacancy Rates Near Historic Lows
Housing vacancy rates — both for homeowner and rental housing — are at or near historic lows, according to the U.S. Census Bureau’s recently released Housing Vacancy Survey (HVS).
Vacancy rates for rental housing are lower than at any point during the 35-year period from 1985 until the start of the COVID-19 pandemic in early 2020. The vacancy rate for homeowner housing is lower than at any point from 1980 until early 2020.
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