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



Metropolitan Area Absorption Rates
Second Quarter 2005 - Table 4

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


                     (Privately-financed, nonsubsidized, unfurnished apartments)





                         CMSA: Chicago-Gary-Kenosha, IL-IN-WI (IL-IN part)

                                    Percent absorbed in --

                        3 months                6 months               9 months             12 months

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

2001 Jan-Mar            *        *           *        *            *        *            *        *
     Apr-Jun            -        -           -        -            -        -            -        -
     Jul-Sep            *        *           *        *            *        *            *        *
     Oct-Dec            *        *           *        *            *        *            *        *

2002 Jan-Mar            *        *           *        *            *        *            *        *
     Apr-Jun           56       2.9         65       7.6          72       5.9          73       6.3
     Jul-Sep           91       7.3         96       5.8          99       1.5          100      0.5
     Oct-Dec           97       3.5         100       +           100       +           100       +

2003 Jan-Mar           61       3.0         84       5.3          90       1.0          94       3.0
     Apr-Jun           76       4.8         85       5.4          90       2.8          97       0.9
     Jul-Sep           83       8.1         86      11.6          94       4.9          100       +
     Oct-Dec           #         #          #        #            77      11.3          99       1.9    

2004 Jan-Mar           #         #          85       4.3          92       1.6          96       2.5
     Apr-Jun           #         #          89      16.0         100        +           100       + 
     Jul-Sep           #         #          #        #            94       3.8 
     Oct-Dec           #         #          #        #

2005 Jan-Mar           #         #
     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