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Survey of Market Absorption of Apartments (SOMA)
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Metropolitan Area Absorption Rates
Third Quarter 2004 - Table 11
SURVEY OF MARKET ABSORPTION
Estimates of Absorption Rates by Quarter of Completion
(Privately-financed, nonsubsidized, unfurnished apartments)
MSA: Norfolk-Virginia Beach-Newport News, VA-NC
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/
2000 Jan-Mar * * * * * * * *
Apr-Jun * * * * * * * *
Jul-Sep * * * * * * * *
Oct-Dec * * * * * * * *
2001 Jan-Mar * * * * * * * *
Apr-Jun * * * * * * * *
Jul-Sep - - - - - - - -
Oct-Dec * * * * * * * *
2002 Jan-Mar - - - - - - - -
Apr-Jun 65 9.0 82 6.0 96 1.4 97 1.1
Jul-Sep * * * * * * * *
Oct-Dec - - - - - - - -
2003 Jan-Mar 38 3.1 71 2.4 88 1.0 99 +
Apr-Jun * * * * * * * *
Jul-Sep * * * * * * * *
Oct-Dec - - - - - -
2003 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 - Third Quarter 2004
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
Last Revised: March 11, 2005
