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



Metropolitan Area Absorption Rates
Second Quarter 2005 - Table 7

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


                     (Privately-financed, nonsubsidized, unfurnished apartments)



                                          PMSA: Fort Lauderdale, FL

                                     Percent absorbed in --

                            3 months           6 months              9 months             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           84       7.6           98       2.7          100      +            100      +
     Apr-Jun            *        *            *        *            *        *            *        *
     Jul-Sep            -        -            -        -            -        -            -        -
     Oct-Dec           64       1.6           74       2.3          78       5.5          93       1.5
 
2002 Jan-Mar            *        *            *        *            *        *            *        *
     Apr-Jun           70       5.2           82       2.3          90       3.2          94       1.1
     Jul-Sep            *        *            *        *            *        *            *        *
     Oct-Dec            *        *            *        *            *        *            *        *

2003 Jan-Mar            *        *            *        *            *        *            *        *
     Apr-Jun            *        *            *        *            *        *            *        *
     Jul-Sep            #        #            71       6.5          80       7.7          94       2.2
     Oct-Dec           61       8.6           74      11.3          76      18.9          *        * 

2004 Jan-Mar            *        *            *        *            *        *            *        *  
     Apr-Jun            *        *            *        *            *        *            *        *
     Jul-Sep            65      6.5           85       5.8          93       1.7   
     Oct-Dec            *        *            *        *

2004 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