Table 2.  Rental and Homeowner Vacancy Rates, by Area:  Third Quarter 2003 and 2004







                                    Rental vacancy rates





                           Third        Third      Standard     Standard

Area                      quarter      quarter     error on     error on

                           2003         2004       2004 rate   difference





United States..........         9.9         10.1          0.2          0.3



  Inside MAs...........         9.7         10.2          0.2          0.3

    In central cities..        10.2         10.8          0.3          0.4

    Not in central cities

    (suburbs)..........         9.2          9.5          0.3          0.4

  Outside MAs..........        10.9          9.7          0.5          0.7



 Northeast.............         6.6          7.3          0.4          0.5

 Midwest...............        11.0         12.3          0.4          0.6

 South.................        12.4         12.3          0.3          0.5

 West..................         8.1          7.7          0.3          0.5







                                    Homeowner vacancy rates





                           Third        Third      Standard     Standard

Area                      quarter      quarter     error on     error on

                           2003         2004       2004 rate   difference



United States..........         1.9          1.7          0.1          0.1



  Inside MAs...........         1.8          1.6          0.1          0.1

    In central cities..         2.2          2.3          0.1          0.2

    Not in central cities

    (suburbs)..........         1.6          1.4          0.1          0.1

  Outside MAs..........         2.4          2.1          0.1          0.2



 Northeast.............         1.4          1.2          0.1          0.2

 Midwest...............         1.8          2.1          0.1          0.1

 South.................         2.3          1.9          0.1          0.1

 West..................         1.7          1.4          0.1          0.1