Market Absorption of Apartments: 2007 Characteristics Report

Summary

The Survey of Market Absorption (SOMA) measures how soon privately financed, nonsubsidized, unfurnished units in buildings with five or more units are rented or sold (absorbed) after completion. In addition, the survey collects data on characteristics such as number o f bedrooms, asking rent, and asking price. As with all surveys, estimates may vary from actual values because of sampling variation or other factors. All statements in th is report have undergone statistical testing and are significant at the 90- percent confidence level.

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Page Last Revised - October 8, 2021