|
|
| Survey of Market Absorption of Apartments (SOMA) |
|
Table 14. Absorption Rates for Unfurnished Apartments at 3, 6, 9 and 12 Months after Completion,
by Inside or Outside Metropolitan Area: 1970, 1975 to 1999
(Privately financed, nonsubsidized, unfurnished rental apartments in buildings with five units or more.)
Total Inside metropopolitan area Outside metro- Total Inside metropolitan area Outside metro-
Year In central Not in central politan area In Central Not in central politan area
cities cities cities cities
3-month absorption rate 6-month absorption rate
1999 72 73 72 69 89 89 89 86
1998 72 73 70 86 89 89 88 94
1997 73 74 73 72 90 91 89 84
1996 72 73 70 88 88 89 87 95
1995 73 76 75 51 89 91 90 70
1994 80 82 80 76 93 94 93 85
1993 75 77 74 71 88 90 88 77
1992 74 78 73 73 91 91 90 93
1991 70 70 70 70 87 85 87 90
1990 67 71 65 53 85 86 84 88
1989 70 68 70 79 86 85 87 93
1988 66 64 67 87 84 82 84 90
1987 63 62 64 59 82 82 84 70
1986 66 64 67 68 84 82 85 88
1985 65 62 65 83 84 83 83 94
1984 67 69 66 65 84 85 83 85
1983 69 69 62 82 85 86 80 93
1982 72 69 69 87 87 84 85 96
1981 80 80 78 85 92 92 93 93
1980 75 75 73 80 90 91 89 91
1979 82 82 80 88 93 94 92 95
1978 82 84 80 83 93 95 93 91
1977 80 85 80 72 94 96 94 90
1976 80 82 82 71 93 94 94 89
1975 70 69 69 80 85 84 84 95
1970 73 74 72 84 87 88 86 92
Table 14 continued
Total Inside metropopolitan area Outside metro- Total Inside metropolitan area Outside metro-
Year In central Not in central politan area In Central Not in central politan area
cities cities cities cities
9-month absorption rate 12-month absorption rate
1999 95 95 95 93 98 98 98 96
1998 95 95 94 96 98 98 97 97
1997 95 96 95 87 97 98 98 88
1996 95 95 95 98 98 98 98 99
1995 94 97 96 73 97 99 97 90
1994 97 98 97 89 98 99 99 92
1993 94 95 97 81 96 98 99 82
1992 96 95 96 98 98 98 97 100
1991 93 92 94 93 97 96 98 98
1990 93 93 93 94 96 97 96 94
1989 93 92 93 94 96 96 97 95
1988 91 91 92 96 95 95 95 97
1987 90 90 91 75 94 94 96 79
1986 92 91 93 92 96 95 96 96
1985 92 91 92 96 95 95 96 97
1984 92 92 91 91 96 96 96 93
1983 92 94 89 96 96 97 93 99
1982 93 92 92 98 96 95 96 98
1981 96 96 98 94 97 98 99 94
1980 95 96 95 94 98 98 98 94
1979 97 98 96 99 99 99 98 100
1978 97 98 97 96 99 99 99 96
1977 97 98 98 95 99 99 99 97
1976 97 97 98 94 99 98 99 98
1975 92 91 92 98 95 94 95 99
1970 93 94 92 96 96 97 95 96
