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Survey of Market Absorption of Apartments (SOMA)



First Quarter 1998

Table 11. Apartments Completed in Buildings With Five Units or More:
          1991 to 1997
(Details may not sum to totals because of rounding.)

                         Total               Unfurnished
  Quarter of        apartments   Standard     apartments   Standard
  completion         completed     error*      completed     error*

     1997
October-December\p      72,600      3,950         55,800     3,810
July-September          66,300      3,280       \r51,300     3,880
April-June              57,300      3,970         44,200     4,090
January-March           50,800      2,570         38,400     2,530

     1996
October-December        62,700      2,590         43,200     4,320
July-September          71,000      2,870         53,700     2,850
April-June              66,100      4,050         50,700     4,070
January-March           51,600      2,610         43,700     2,990

     1995
October-December        58,900      2,980         45,600     3,200
July-September          65,300      2,510         48,000     2,290
April-June              51,200      2,760         35,900     2,360
January-March           37,000      2,270         25,500     2,270

     1994
October-December        47,800      2,260         35,500     2,730
July-September          45,400      2,130         29,500     2,540
April-June              37,200      2,250         24,700     2,610
January-March           24,600      2,060         14,300     1,560

     1993
October-December        31,500      2,180         16,900     2,450
July-September          33,400      2,590         22,100     2,660
April-June              31,600      1,740         20,500     2,010
January-March           28,400      2,800         17,600     2,630

     1992
October-December        41,500      2,470         28,800     2,370
July-September          43,900      2,930         32,000     2,740
April-June              37,400      2,290         27,400     3,000
January-March           32,300      2,340         22,100     2,140

     1991
October-December        38,300      2,070         26,400     2,390
July-September          62,000      2,850         48,200     3,140
April-June              60,000      3,230         46,500     2,880
January-March           56,200      2,570         44,200     2,610


                                             Condominium
                     Furnished                       and
                        rental               cooperative
  Quarter of        apartments   Standard     apartments   Standard
  completion         completed     error*      completed     error*

     1997
October-December\p         200         10          9,700     2,350
July-September         \r1,600        620        \r7,400     1,560
April-June                 400        130          9,200     1,690
January-March              500        320          9,500     2,540

     1996
October-December           500        290         14,200     4,020
July-September           1,500        750         10,600     1,540
April-June                 400        300          6,400       850
January-March              (Z)        (Z)          5,600       840

     1995
October-December           300        250          9,400     1,790
July-September           1,400        620         10,100     1,290
April-June                 (Z)        (Z)          9,600     1,750
January-March              (Z)        (Z)          7,200     1,190

     1994
October-December           400         40          8,200     1,460
July-September             600        480          8,300     1,110
April-June                 100         40          9,200     1,970
January-March              (Z)        (Z)          8,800     1,450

     1993
October-December           200         20          9,500     1,410
July-September           2,300      2,070          7,000       870
April-June                 (Z)        (Z)          8,500     1,140
January-March              200        180          7,000     1,140

     1992
October-December           (Z)        (Z)          7,900     1,170
July-September             500        300          8,200     1,280
April-June                 100         10          7,200     2,120
January-March              100         50          7,800       950

     1991
October-December           (Z)        (Z)          7,900       940
July-September           1,100        800          9,900     1,050
April-June                 600         60          9,800     1,180
January-March            1,100      1,630          7,700     1,200


                     Federally
                    subsidized                 1/  Other
  Quarter of        apartments   Standard     apartments   Standard
  completion         completed     error*      completed     error*

     1997
October-December\p       4,100      1,260          2,800     1,240
July-September         \r4,900      2,240          1,100       210
April-June               3,100        780            400        90
January-March            1,800        270            700       160

     1996
October-December         3,400        830          1,400       480
July-September           4,200      1,870            900       200
April-June               5,400      2,080          3,200     1,950
January-March            1,300        310            900       240

     1995
October-December         2,800        550            800       180
July-September           5,100      1,050            700       120
April-June               3,000      1,290          2,700     1,690
January-March            2,700      1,110          1,500       680

     1994
October-December         3,400      1,730            300        60
July-September           4,700      1,930          2,300     1,040
April-June               3,000      1,100            300       210
January-March              700        270            700       130

     1993
October-December         4,000      1,370            900       500
July-September           1,300        370            800       400
April-June               2,000      1,310            700       200
January-March              600        110          3,000     1,780

     1992
October-December         1,300        270          3,500     1,970
July-September           1,900        140          1,300       500
April-June               1,800        520            900       420
January-March            2,000        770            300        90

     1991
October-December         3,100      1,300            800       320
July-September           2,100        410            700       250
April-June               2,200        650          1,000       120
January-March            2,200        630          1,100       560


1/ Other includes time-sharing units, continuing care retirement units,
    and turnkey housing (privately built for and sold to local public
    housing authorities subsequent to completion.)

* One standard error (68-percent confidence interval)
p Preliminary
r Revised.
Z Fewer than 50 units or less than one-half of one percent.



Go to Detailed Tables for First Quarter 1998 Absorptions
Contact George Boyd at 301-763-3199 or mail to george.t.boyd@census.gov for further information on the Survey of Market Absorption of Apartments Data.

Source: U.S. Census Bureau, Social, Economic, and Housing Statistics Division
Last Revised: September 30, 2011