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



Metropolitan Area Absorption Rates
Third Quarter 2004 - 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/

2000 Jan-Mar            *        *            *        *            *        *            *        *
     Apr-Jun           33       4.8           91       2.6          96       1            99       +
     Jul-Sep           83       1.6           92       0.7          97       +            98       +
     Oct-Dec           78       0.6           93       2.1          99       +            100      +

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
     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