 |
|
Survey of Market Absorption of Apartments (SOMA)
|
|
|
|
Metropolitan Area Absorption Rates
Second Quarter 2005 - Table 9
SURVEY OF MARKET ABSORPTION
Estimates of Absorption Rates by Quarter of Completion
(Privately-financed, nonsubsidized, unfurnished apartments)
PMSA: Los Angeles-Long Beach, 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 # # 65 12.7 77 0.9 95 1.8
Apr-Jun 74 6.7 87 3.6 93 0.6 98 0.6
Jul-Sep 59 4.6 84 4.8 96 1.6 100 +
Oct-Dec 81 2.6 89 1.9 95 0.6 95 2.8
2002 Jan-Mar # # 72 10.2 94 4.9 91 0.9
Apr-Jun 67 11.9 73 11.9 84 7.4 93 3.2
Jul-Sep 92 5.5 96 5.6 100 + 100 +
Oct-Dec # # # # 95 3.7 97 2.7
2003 Jan-Mar 47 10.7 70 9.5 75 7.6 81 4.8
Apr-Jun 82 7.4 90 5.6 95 1.3 97 0.8
Jul-Sep 55 11.1 72 10.9 79 10.5 89 9.3
Oct-Dec 65 7.8 81 7.7 84 12.0 92 8.3
2004 Jan-Mar 86 12.7 92 5.7 97 2.7 99 1.0
Apr-Jun 58 11.5 79 6.8 85 6.5 96 0.9
Jul-Sep 75 6.0 91 5.3 97 2.3
Oct-Dec \r71 18.8 94 1.9
2005 Jan-Mar 71 9.0
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
