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HOUSING INVENTORY
 Housing
Stock*
As of the first quarter of 2000 the estimate of the total housing stock,
119,105,000 units, increased a statistically insignificant 0.2 percent
from the fourth quarter of 1999 and increased 0.6 percent above 1999's
first quarter level. The number of occupied units was unchanged from the
fourth quarter of 1999 but was 0.8 percent above the first quarter in
1999. Owner-occupied homes increased a statistically insignificant 0.3
percent from the last quarter of 1999 and were up 1.5 percent above last
year's first quarter. Rentals decreased a statistically insignificant
1.0 percent from last quarter and decreased 8.4 percent from the first
quarter of 1999. Vacant units were up 2.0 percent from last quarter but
decreased 1.2 percent from 1999's first quarter.
*Components may not add to totals because of
rounding. Units in thousands.
** This change is not statistically significant.
Source: Bureau of the Census, Department of Commerce |
 Vacancy
Rates
The homeowner vacancy rate, at 1.6 percent, was unchanged from the fourth
quarter of 1999 but was down 0.2 percentage point from the first quarter
of 1999. The 1999 first quarter national rental vacancy rate, at 7.9 percent,
was unchanged from the previous quarter but decreased a statistically
insignificant 0.3 percentage point from the first quarter of 1999.
1Major changes
related to the survey effective with 1994 first-quarter data.
** This change is not statistically significant.
Source: Bureau of the Census, Department of Commerce |
 Homeownership
Rates
The national homeownership rate rose to 67.1 percent in the first quarter
of 2000. Though setting a new record, it was up a statistically insignificant
0.2 percentage point from last quarter but was up 0.4 percentage point
from the first quarter of 1999. The homeownership rate for minority households
increased a statistically insignificant 0.2 percentage point from the
fourth quarter of 1999 and increased 0.4 percentage point from the first
quarter of 1999. The homeownership rate for young households was 60.8
percent, up a statistically insignificant 0.5 percentage point from last
quarter's rate and was up 1.8 percentage points from 1999's first quarter.
** This change is not statistically significant.
Source: Bureau of the Census, Department of Commerce |
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