 |
|
Survey of Market Absorption of Apartments (SOMA)
|
|
|
|
Metropolitan Area Absorption Rates
Third Quarter 2004 - 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 Percent C.I.(+/-)2/ Percent C.I.(+/-)2/ Percent C.I.(+/-)2/ Percent C.I.(+/-)2/
2000 Jan-Mar 80 3.8 100 + 100 + 100 +
Apr-Jun # # # # 72 14.0 72 13.7
Jul-Sep 94 + 97 1.0 100 + 100 +
Oct-Dec * * * * * * * *
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
2004 Jan-Mar # # 85 4.3
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
