Table 1. Absorption Rates of Privately Financed, Nonsubsidized, Unfurnished Rental Apartments: 2002 to 2008 (Buildings with five units or more. Percents are computed using unrounded data) Not seasonally adjusted -- rented within -- 3 months Seasonally adjusted --rented within -- 3 months 90% C.I. (+/-)* (number of apartments)
Unfurnished apartments completed 90% C.I. (+/-)* (number of apartments)
3 months 90% C.I. (+/-)* (number of apartments)
6 months 90% C.I. (+/-)* (number of apartments)
9 months 90% C.I. (+/-)* (number of apartments)
12 months 90% C.I. (+/-)* (number of apartments)
Percent
Percent
Percent
Percent
Percent
Total Quarter of completion 2008 July-September\p April-June January-March 2007 October-December July-September April-June January-March 2006 October-December July-September April-June January-March 2005 October-December July-September April-June January-March 2004 October-December July-September April-June January-March 2003 October-December July-September April-June January-March 2002 October-December July-September April-June January-March 36,200 \r37,400 \r28,400
3,570 3,100 2,770
55 \r52 \r54
1.9 2.1 2.5
54 53 51
1.8 2.2 2.4
(NA) 71 \r71
(NA) 2.0 2.8
(NA) (NA) 82
(NA) (NA) 1.9
(NA) (NA) (NA)
(NA) (NA) (NA)
24,000 26,100 26,500 28,200
1,960 2,140 2,170 6,370
\r57 55 53 53
2.2 2.1 2.0 5.6
57 53 59 51
2.2 2.0 2.2 5.4
76 71 76 75
2.1 2.0 2.1 4.8
89 82 85 89
1.5 1.4 1.5 2.4
94 90 90 93
1.3 1.3 1.3 1.6
32,300 33,800 28,600 21,600
3,620 3,010 2,340 2,140
54 52 61 62
5.2 2.2 2.4 3.3
54 52 67 60
5.2 2.2 2.6 3.2
75 67 83 81
3.7 2.3 2.3 2.4
88 80 91 90
2.0 2.0 1.6 1.5
94 87 95 95
1.6 1.7 1.3 0.9
25,600 30,500 30,800 26,100
2,370 5,340 4,900 3,350
63 63 65 61
2.9 5.7 3.6 3.8
59 59 71 59
2.7 5.8 3.9 3.7
81 82 88 84
2.0 2.8 2.0 2.9
90 91 93 93
1.6 1.7 1.2 1.9
95 96 97 96
1.2 0.9 0.7 1.2
32,500 44,700 42,500 34,000
5,390 9,250 6,740 3,800
63 64 59 61
6.8 4.0 5.0 4.7
58 67 62 60
6.2 4.2 5.2 4.7
79 83 81 82
4.3 3.6 4.3 3.6
90 91 87 91
2.5 3.7 3.6 3.0
95 94 92 94
1.3 2.8 2.9 2.7
38,800 42,500 47,600 37,600
6,360 6,060 5,820 4,620
63 56 61 62
4.3 4.3 4.3 4.9
58 59 65 60
3.9 4.5 4.6 5.1
78 74 85 79
4.1 4.6 2.5 3.9
88 84 91 87
3.6 4.2 2.0 3.8
92 91 96 94
3.8 3.6 1.0 2.3
47,700 61,700 56,800 37,900
6,930 5,990 6,860 4,560
57 56 62 55
4.4 4.1 4.1 4.4
52 59 65 58
4.1 4.3 4.3 4.6
74 77 83 78
4.6 2.8 3.3 4.1
88 88 89 86
3.0 2.0 2.8 3.3
94 93 93 91
1.8 1.8 2.5 2.8
footnotes: *A 90-percent confidence interval is a measure of an estimate's variability. The larger the confidence interval in relation to the size of the estimate, the less reliable the estimate. NA Not Available p Preliminary r Revised Z Fewer than 50 units or less than one-half of 1 percent. SOURCE: U.S. Census Bureau, Survey of Market Absorption