| HOUSING INVENTORY
 Housing Stock*
At the end of the fourth quarter of 2001, the estimate of the total housing stock, 121,963,000 units, was up a statistically insignificant 0.6 percent from the third quarter of 2001 and increased a statistically insignificant 1.5 percent above 2000's fourth-quarter level. The number of occupied units increased a statistically insignificant 0.7 percent from 2001's third quarter and rose 1.1 percent above the fourth quarter of 2000. Owner-occupied homes increased a statistically insignificant 0.6 percent from the third quarter of 2001 and were up 1.8 percent above the past year's fourth quarter. Rentals increased a statistically insignificant 1.0 percent from the previous quarter and declined a statistically insignificant 0.5 percent from the fourth quarter of 2000. Vacant units were down 0.1 percent from the past quarter but increased 5.0 percent from 2000's fourth quarter.
|
|
Latest
Quarter
|
Previous
Quarter
|
Same Quarter
Previous Year
|
% Change
From Previous Quarter
|
% Change
From Last Year
|
|
All Housing
Units
|
121,963
|
121,195
|
120,144
|
+
0.6**
|
+
1.5**
|
|
Occupied
Units
|
107,633
|
106,847
|
106,493
|
+
0.7**
|
+
1.1
|
|
Owners
|
73,215
|
72,774
|
71,906
|
+
0.6**
|
+
1.8
|
|
Renters
|
34,418
|
34,073
|
34,587
|
+
1.0**
|
-
0.5**
|
|
Vacant Units
|
14,330
|
14,348
|
13,651
|
-
0.1
|
+
5.0
|
*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 1.8 percent, was down a statistically insignificant 0.1 percentage point from the third quarter of 2001 but was up 0.2 percentage point from the fourth quarter of 2000. The 2001 fourth-quarter national rental vacancy rate, at 8.8 percent, increased a statistically insignificant 0.4 percentage point from the previous quarter and was up 1.0 percentage point from the same quarter of 2000.
|
|
Latest
Quarter
|
Previous
Quarter
|
Same Quarter
Previous Year
|
% Change
From Previous Quarter
|
% Change
From Last Year
|
|
Homeowner
Rate1
|
1.8
|
1.9
|
1.6
|
- 5**
|
+ 13
|
|
Rental Rate1
|
8.8
|
8.4
|
7.8
|
+ 5**
|
+ 13
|
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 was 68.0 percent in the fourth quarter of 2001. The rate was down a statistically insignificant 0.1 percentage point from the past quarter but was up a 0.5 percentage point from the fourth quarter of 2000. The homeownership rate for minority households, an all-time high of 49.5 percent, increased a statistically insignificant 0.3 percentage point from the third quarter of 2001 and increased 0.8 percentage point from the fourth quarter of 2000. The 62.4-percent homeownership rate for young households, a new high, was up a statistically insignificant 0.1 percentage point from the third quarter of 2001and increased 0.6 percentage point from 2000's fourth quarter.
|
|
Latest
Quarter
|
Previous
Quarter
|
Same Quarter
Previous Year
|
% Change
From Previous Quarter
|
% Change
From Last Year
|
|
All Households
|
68.0
|
68.1
|
67.5
|
-
0.1**
|
+
0.7
|
|
Minorities
|
49.5
|
49.2
|
48.7
|
+
0.6**
|
+
1.6
|
|
Young Married-Couple
Households
|
62.4
|
62.3
|
61.8
|
+
0.2**
|
+
1.0
|
** This change is not statistically significant.
Source: Bureau of the Census, Department of Commerce
|
|
