HOMEOWNERSHIP RATE FALLS IN Q1

The homeownership rate was 64.2% in the first quarter of 2019, virtually unchanged from the rate in the first quarter 2018 but 0.6 percentage points lower than the rate in the fourth quarter 2018 (64.8%), the Census Bureau reported Thursday.
National vacancy rates in the first quarter 2019 were 7.0% for rental housing and 1.4% for homeowner housing. The rental vacancy rate of 7.0% was virtually unchanged from the rate in the first quarter 2018, but 0.4 percentage points higher than the rate in the fourth quarter 2018 (6.6%).
The homeowner vacancy rate of 1.4% was 0.1 percentage point lower than the rate in the first quarter 2018 (1.5%) but not statistically different from the rate in the fourth quarter 2018.

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