NOTE TO DATA USERS: Beginning with completions in 2006 the metropolitan area data changed. Based on revisions to the definitions of metropolitan areas by the Office of Management and Budget (OMB) - plus changes implemented to the Survey of Construction (SOC) and the Building Permit Survey - there is a new set of areas covered by this survey, and the previous areas are no longer compiled. Even for those areas that appear to be the same in name, the geography in nearly all cases is now different, due primarily to ever-expanding reaches of the nation's metropolitan areas. Prior to 2006, SOMA included a combination of 95 total primary metropolitan statistical areas, metropolitan statistical areas and combined metropolitan statistical areas. Beginning with 2006 completions, the absorption rates for unfurnished rental apartments in a total of 45 core based statistical areas are compiled, 15 of which are covered on a quarter-by-quarter basis. For further information, contact George Boyd on (301) 763-3199.
Core Based Statistical Area Absorption Rates - Fourth Quarter 2011