 |
|
Survey of Market Absorption of Apartments (SOMA)
|
|
|
|
Metropolitan Area Absorption Rates
Third Quarter 2004 - Table 8
SURVEY OF MARKET ABSORPTION
Estimates of Absorption Rates by Quarter of Completion
(Privately-financed, nonsubsidized, unfurnished apartments)
PMSAs: Houston, TX and Brazoria, TX
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 56 0.8 84 1.2 94 0.5 97 1.0
Apr-Jun 62 3.6 81 3.5 87 3.0 93 1.5
Jul-Sep 61 1.7 76 1.5 87 1.6 97 0.5
Oct-Dec 66 2.9 81 1.9 93 1.3 97 0.9
2001 Jan-Mar 66 3.9 85 1.3 94 + 96 1.0
Apr-Jun 63 6.9 78 7.6 84 7.4 88 6.8
Jul-Sep 76 1.6 84 0.7 93 1.8 97 +
Oct-Dec 53 3.5 76 1.9 87 1.3 94 1.8
2002 Jan-Mar 52 1.2 71 2.1 85 2.3 92 +
Apr-Jun 74 4.8 87 2.9 92 2.2 94 2.0
Jul-Sep 60 6.1 69 4.4 75 4.0 90 2.1
Oct-Dec 50 10.7 65 6.3 81 0.5 89 2.2
2003 Jan-Mar # # 62 5.1 83 2.3 95 0.8
Apr-Jun 51 4.5 80 0.8 90 3.2 95 2.0
Jul-Sep # # # # 73 10.6 78 17.4
Oct-Dec 57 6.7 72 1.6 85 8.9
2004 Jan-Mar 46 2.7 72 13.1
Apr-Jun 55 7.5
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
