Tuesday, October 31, 2017 3:58 PM EST
The vacancy rate declined to 6.7% in the 2nd quarter of 2016 but is now on the rise again, up to 7.5% for the 3rd quarter of 2017.
Vacancy Rates
Rental Vacancy Rate Detail
Housing Inventory Estimate
On an absolute number basis, the number of available units is still low.
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Disclaimer: The content on Mish's Global Economic Trend Analysis site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s). The author may or may not have a position in any company or advertiser referenced above. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.
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