BY BRAD BECKETT ON NOVEMBER 9, 2018
The U.S. government is reporting that the national vacancy rates in Q3 2018 were 7.1% for rental housing and 1.6% for homeowner housing. The rental vacancy rate was virtually the same as Q2 and 0.4% lower than the third quarter of 2017. The homeowner vacancy rate was 1.6%, which is 0.1 percentage points higher than the the second quarter 2018, but is the same as one year ago. The U.S. homeownership rate was 64.4%, which was not statistically different from the second quarter 2018 or one year ago.