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Survey of Market Absorption of Apartments (SOMA)



Second Quarter 2000

Table 1. Absorption Rates of Privately Financed, Nonsubsidized,

         Unfurnished Rental Apartments: 1994 to 2000

(Buildings with five units or more. Percents are computed using 

unrounded data)

                                             Seasonally

                                               adjusted

                        Total                   percent

                   unfurnished                 absorbed

   Quarter of       apartments   Standard        within    Standard

   completion        completed     error*       3 months     error*



           2000

January-March\p        48,500       4,070            75         2.3



           1999

October-December     \r58,000       3,740          \r74         1.7

July-September       \r66,700       3,990            72         1.7

April-June             55,700       4,290          \r71         2.2

January-March          46,700       4,450            71         3.3



           1998

October-December       48,800       3,350            73         2.6

July-September         60,900       5,310            72         3.3

April-June             54,900       2,980            70         2.2

January-March          45,200       3,090            76         2.0



           1997

October-December       55,200       3,810            72         2.7

July-September         51,400       3,880            73         2.6

April-June             44,200       4,090            77         1.4

January-March          38,400       2,530            72         2.7



           1996

October-December       43,200       4,320            70         2.8

July-September         53,700       2,850            71         2.5

April-June             50,700       4,070            72         2.7

January-March          43,700       2,990            75         4.4



      1995

October-December       45,600       3,200            76         3.3

July-September         48,000       2,290            72         2.3

April-June             35,900       2,360            75         4.1

January-March          25,500       2,270            66         5.8



      1994

October-December       35,500       2,730            76         2.5

July-September         29,500       2,540            82         2.3

April-June             24,700       2,610            82         3.0

January-March          14,300       1,560            84         1.5







                    Not seasonally adjusted--rented within--



    Quarter                3 months                  6 months

       of                        Standard                  Standard

   completion         Percent      error*       Percent      error*



           2000

January-March\p            73         2.2          (NA)          (NA)



           1999

October-December           71         1.6            89         0.9

July-September             75         1.8            90         0.8

April-June               \r73         2.3            88         1.5

January-March              70         3.2            88         2.0



           1998

October-December           70         2.5            88         1.4

July-September             74         3.4            87         2.5

April-June                 72         2.3            89         2.1

January-March              74         1.9            92         1.0



           1997

October-December           69         2.6            88         1.8

July-September             76         2.7            90         2.3

April-June                 80         1.4            94         0.6

January-March              69         3.2            86         3.4



           1996

October-December           68         3.7            87         2.5

July-September             74         3.0            90         2.2

April-June                 72         2.6            87         2.6

January-March              73         4.2            88         2.9



      1995

October-December           74         3.1            88         2.3

July-September             76         2.4            89         2.2

April-June                 77         4.2            89         3.5

January-March              63         5.5            89         3.3



      1994

October-December           74         2.4            90         1.6

July-September             86         2.2            95         0.9

April-June                 84         3.0            94         1.9

January-March              80         1.4            92         1.1





                    Not seasonally adjusted--rented within--



    Quarter                9 months                 12 months

       of                        Standard                  Standard

   completion         Percent      error*       Percent      error*



           2000

January-March\p          (NA)        (NA)          (NA)         (NA)



           1999

October-December         (NA)        (NA)          (NA)         (NA)

July-September             96         (Z)          (NA)         (NA)

April-June               \r94         1.4            97         0.6

January-March              95         0.9            97         0.7





           1998

October-December           95         1.1            97         0.8

July-September             93         1.9            96         1.5

April-June                 94         1.4            98         (Z)

January-March              97         (Z)            99         (Z)



           1997

October-December           96         0.7            98         (Z)

July-September             94         2.3            96         2.3

April-June                 98         (Z)            99         (Z)

January-March              93         3.1            95         3.2



           1996

October-December           96         1.4            99         1.0

July-September             95         1.7            98         0.5

April-June                 93         2.0            96         1.5

January-March              97         0.6            99         (Z)



      1995

October-December           96         1.3            98         1.2

July-September             93         2.1            98         0.8

April-June                 92         3.3            94         3.1

January-March              94         3.2            99         0.2



      1994

October-December           96         1.5            98         1.4

July-September             97         0.5            98         0.4

April-June                 97         1.8            98         1.8

January-March              97         0.8            98         0.7



* One standard error (68-percent confidence interval)

NA Not available.  p Preliminary.  r Revised.

Z Fewer than 50 units or less than one-half of 1 percent.






Go to Detailed Tables for Second Quarter 2000 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