 An update of the Metropolitan Area Quarterly Residential and Business Vacancy Report, based on the HUD Aggregated USPS Administrative Data, has been released for the third quarter of 2010. Vacancy rates and changes from the previous quarter and previous year, similar to those in the randomly selected areas shown below, are reported for metropolitan areas across the country. For purposes of this report, properties are deemed to be vacant when no one has taken in (or been available to receive) mail for 90 days or longer. This timeframe is seen as reflecting longer-term vacancy, rather than normal turnover.
Metropolitan Area |
CURRENT RESIDENTIAL VACANCY RATE |
Rate Change June –Sept. 2010 |
Rate Change Sept. 2009 – Sept. 2010 |
CURRENT BUSINESS VACANCY RATE |
Rate Change June – Sept. 2010 |
Rate Change Sept. 2009 – Sept. 2010 |
New Orleans-Metairie-Kenner, LA |
15.85% |
(0.81%) |
(1.04%) |
25.13% |
(0.22%) |
0.36% |
Bangor, ME |
7.58 |
0.10 |
4.83 |
14.8 |
0.12 |
3.88 |
Riverside-San Bernardino-Ontario, CA |
4.18 |
(0.04) |
0.98 |
12.99 |
0.29 |
3.13 |
Dayton, OH |
6.8 |
(0.51) |
1.77 |
14.96 |
0.79 |
1.58 |
Vineland-Millville-Bridgeton, NJ |
4.7 |
(0.29) |
2.14 |
9.38 |
(0.09) |
2.69 |
Pocatello, ID |
4.38 |
(0.46) |
0.94 |
15.09 |
0.22 |
1.64 |
Deltona-Daytona Beach-Ormond Beach, FL |
6.75 |
(0.05) |
1.46 |
11.57 |
0.03 |
1.56 |
These data — representing the known universe of all deliverable addresses in the United States — are displayed on new Metropolitan Area Quarterly Maps that provide a regional perspective on residential and business vacancies and, more importantly, their change over time (between quarters and from year to year). Through a special agreement with the USPS, HUD also aggregates and publishes the data at the census tract level, thus providing another viable indicator for use in assessing the well-being of America's communities. |
