The U.S. Census Bureau has announced fourth quarter 2019 statistics for residential vacancies and homeownership. The national vacancy rates in the fourth quarter were 6.4% for rental housing and 1.4% for homeowner housing. The rental vacancy rate was 6.4%, which is almost the same as the fourth quarter of 2018, but <-0.4%> below the third quarter of 2019. Approximately 88.5% of the housing units in the United States in the fourth quarter 2019 were occupied and 11.5% were vacant. Owner-occupied housing units made up 57.6% of total housing units, while renter-occupied units made up 30.9%of the inventory in the fourth quarter 2019.
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QUARTERLY RESIDENTIAL VACANCIES AND HOMEOWNERSHIP, FOURTH QUARTER 2019