U.S. Census Bureau
 Survey of Market Absorption of Apartments (SOMA)



Metropolitan Area Absorption Rates
Second Quarter 2005 - Table 16

                                     SURVEY OF MARKET ABSORPTION
                     Estimates of  Absorption Rates by Quarter of Completion


                     (Privately-financed, nonsubsidized, unfurnished apartments)



                                     MSA: Riverside-San Bernardino, CA

                                   Percent absorbed in --

                            3 month           6 month               9 month               12 months

Quarter of                       90%                   90%                   90%                   90%
completion           Percent  C.I.(+/-)2/  Percent  C.I.(+/-)2/  Percent  C.I.(+/-)2/  Percent  C.I.(+/-)2/

2001 Jan-Mar            #        #          61       11.1         91        2.6         98        0.7
     Apr-Jun            *        *           *         *           *         *           *         *
     Jul-Sep            #        #           #         #          87        2.6         89        7.1
     Oct-Dec            *        *           *         *           *         *           *         *

2002 Jan-Mar            *        *           *         *           *         *           *         *
     Apr-Jun           82       5.1         90        3.1         93        2.1         94        1.8
     Jul-Sep           43       8.7         87        1.3         95        1.2         99         +
     Oct-Dec           76       2.2         86        3.0         95        1.3         98        0.5

2003 Jan-Mar           77       5.1         93        2.7         98        2.1         99        1.3
     Apr-Jun           77       3.3         93        2.0         98        1.3         99        0.9
     Jul-Sep           77       8.5         100        +          100        +          100        +
     Oct-Dec            *        *           *         *           *         *          100        +  

2004 Jan-Mar           54       7.8         88        2.4         99         +          100        +
     Apr-Jun           43       4.9         67        6.7         77       10.5          92       4.0   
     Jul-Sep            #        #           #         #          79       18.4
     Oct-Dec            #        #           #         #

2005 Jan-Mar           54       2.4
     Apr-Jun              
     Jul-Sep           
     Oct-Dec           

2/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.
r = Revised
* = Data suppressed to avoid disclosure
+ = Estimated to be less than one half of one percent OR cannot be estimated
- = No activity
# = Withheld because the estimate did not meet publication standards because of the associated standard error




Go to Metropolitan Area Absorption Rates - Second Quarter 2005
Contact Alan Friedman at 301-763-3199 or mail to alan.friedman@census.gov for further information on the Survey of Market Absorption of Apartments Data.

Source: U.S. Census Bureau, Housing and Household Economic Statistics Division