Table 1. Rental and Homeowner Vacancy Rates for the United States: 1960 and 1965 to 1994 ------------------------------------------------------------------------------ Rental vacancy rate Homeowner vacancy rate Year First Second Third Fourth First Second Third Fourth quarter quarter quarter quarter quarter quarter quarter quarter ------------------------------------------------------------------------------ 1994............ 7.5 7.4 7.2 7.4 1.4 1.4 1.4 1.6 1993r........... 7.8 7.6 7.0 6.9 1.4 1.4 1.4 1.4 1993............ 7.9 7.6 7.1 6.9 1.4 1.4 1.4 1.4 1992............ 7.4 7.7 7.3 7.1 1.5 1.6 1.6 1.5 1991............ 7.5 7.3 7.6 7.3 1.7 1.8 1.8 1.6 1990............ 7.5 7.0 7.2 7.2 1.7 1.7 1.7 1.7 1989r........... 7.5 7.4 7.6 7.1 1.7 1.7 1.9 1.8 1989............ 7.3 7.3 7.3 6.8 1.5 1.6 1.8 1.6 1988............ 8.0 7.7 7.8 7.3 1.6 1.6 1.6 1.6 1987............ 7.4 7.5 8.1 7.8 1.7 1.7 1.7 1.6 1986............ 6.9 7.3 7.5 7.7 1.5 1.7 1.6 1.6 1985............ 6.3 6.2 6.8 6.7 1.8 1.9 1.8 1.6 1984............ 5.6 5.5 6.0 6.3 1.6 1.7 1.7 1.7 1983............ 5.7 5.5 5.8 5.5 1.4 1.5 1.6 1.6 1982............ 5.3 5.1 5.3 5.5 1.4 1.6 1.5 1.6 1981............ 5.2 5.0 5.0 5.0 1.3 1.3 1.5 1.4 1980............ 5.2 5.6 5.7 5.0 1.3 1.4 1.4 1.4 1979r........... 5.1 5.5 5.7 5.4 1.1 1.1 1.2 1.3 1979............ 4.8 5.0 5.2 5.0 1.0 1.1 1.1 1.1 1978............ 5.0 5.1 5.0 5.0 1.0 0.9 1.0 1.1 1977............ 5.1 5.3 5.4 5.1 1.3 1.3 1.1 1.0 1976............ 5.5 5.8 5.7 5.3 1.2 1.2 1.3 1.2 1975............ 6.1 6.3 6.2 5.4 1.2 1.2 1.4 1.2 1974............ 6.2 6.3 6.2 6.0 1.2 1.1 1.2 1.3 1973............ 5.7 5.8 5.8 5.8 1.0 0.9 1.1 1.2 1972............ 5.3 5.5 5.8 5.6 1.0 1.0 0.9 1.0 1971............ 5.3 5.3 5.6 5.6 1.0 0.9 1.0 1.0 1970............ 5.4 5.4 5.3 5.2 1.0 1.0 1.1 1.1 1969............ 5.6 5.7 5.5 5.1 1.0 1.0 1.1 1.0 1968............ 6.1 6.2 5.9 5.4 1.1 1.1 1.2 1.2 1967............ 7.3 6.9 7.0 6.2 1.4 1.3 1.4 1.3 1966............ 8.3 7.4 7.4 7.7 1.5 1.5 1.4 1.3 1965............ 8.5 8.2 7.8 8.5 1.7 1.5 1.6 1.5 1960............ 8.0 8.0 8.3 8.4 1.2 1.3 1.3 1.3 rRevised. Source: U.S. Census Bureau