Address Vacancies, Second Quarter 2009

From: HUD USER News
 
An update of the HUD Aggregated USPS Administrative Data
on Address Vacancies has been released for the second
quarter of 2009 (ending June 30). Key findings about
second quarter activity include:
 
o Essentially no change (0.01 percentage points) in the
 overall residential vacancy rate from the previous
 quarter;
 
o An increase of 0.2 percentage points in the business
 vacancy rate;
 
o An apparent increase in the residential vacancy rate
 that exceeds 0.6 percentage points in Lima, Ohio;
 Longview, Washington; Phoenix-Mesa-Scottsdale, Arizona;
 and Lake Havasu City-Kingman, Arizona;
 
o Reductions in the residential vacancy rate of more than
 0.4 percentage points in New Orleans-Metairie-Kenner,
 Louisiana; Fairbanks, Alaska; and Sebastian-Vero Beach,
 Florida.
 
o Business vacancy rates rose more than 1.7 percentage
 points in Lake Havasu City-Kingman, Arizona and Boulder,
 Colorado in the past quarter, but actually fell by more
 than 0.8 percentage points in Carson City, Nevada; Las
 Vegas-Paradise, Nevada; Odessa, Texas; Monroe, Louisiana;
 and Lawton, Oklahoma.
 
These data represent the universe of all addresses in the
United States and - through special agreement with USPS -
are aggregated to the census tract level, thus providing
a critical measure of the well-being of America's
communities. Quarterly information is available from
March 31, 2008 to June 30, 2009 and can be downloaded
from HUD USER free of charge
at www.huduser.gov/datasets/usps.html.
 
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