U.S. Government Reports National Housing Vacancy Rates for Q3, 2024
The U.S. government is reporting that the national vacancy rates for Q3, 2024 were 6.9% for rental housing and 1% for homeowner housing. The national homeownership rate for Q3 2024 was 65.6%. 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 58.9% of total housing units, while renter-occupied units made up 30.9% of the inventory. Vacant year-round units comprised 7.8% of total housing units, while 2.3% were vacant for seasonal use. Once again, these numbers are almost identical with the previous quarter.
Click here to read the full release at the U.S. Census Bureau.