US Rental Vacancy Rate Jumps 0.8% Since 2016 Q2

The vacancy rate declined to 6.7% in the 2nd quarter of 2016 but is now on the rise again, up to 7.5% for the 3rd quarter of 2017.

Vacancy Rates

Rental Vacancy Rate Detail

Housing Inventory Estimate

On an absolute number basis, the number of available units is still low.

Mike "Mish" Shedlock