1. Who sponsors the Survey of Market Absorption (SOMA)?
The survey is sponsored by the Department of Housing and Urban Development (HUD).
2. How frequently are the data collected?
Data are collected each month by the 12 Regional Offices of the Census Bureau. The initial interview occurs three months after a building is completed. Subsequent interviews, if necessary, occur at 6, 9 and 12-month intervals.
3. Who is interviewed?
The building manager or rental/sales agent are preferable. The owner or builder may also respond.
4. Where do the sample cases come from?
Buildings selected for the SOMA come from the Bureau's Survey of Construction (SOC). New buildings are brought into sample each month. The actual number will vary based on construction activity.
5. How is the information made available?
Data are tabulated quarterly and annually and are released on the Internet along with selected metro area quarterly abosorption rates. Additionally, an annual report on the "Characteristics of Apartments Completed" is produced.
Contact George Boyd at 301-763-3199 or mail to email@example.com
for further information on the Survey of Market Absorption of Apartments Data.
Source: U.S. Census Bureau, Social, Economic, and Housing Statistics Division