Table 1.  Rental and Homeowner Vacancy Rates for the United States:

           1960 and 1965 to 2007  (in percent)





                           Rental  Vacancy Rate                Homeowner  Vacancy Rates





      Year         First     Second    Third     Fourth    First     Second    Third     Fourth

                  quarter   quarter   quarter   quarter   quarter   quarter   quarter   quarter



2007.............      10.1       9.5                           2.8       2.6

2006.............       9.5       9.6       9.9       9.8       2.1       2.2       2.5       2.7

2005.............      10.1       9.8       9.9       9.6       1.8       1.8       1.9       2.0

2004.............      10.4      10.2      10.1      10.0       1.7       1.7       1.7       1.8

2003.............       9.4       9.6       9.9      10.2       1.7       1.7       1.9       1.8

2002\r...........       9.1       8.4       9.0       9.3       1.7       1.7       1.7       1.7

2002.............       9.1       8.5       9.1       9.4       1.7       1.7       1.7       1.7

2001.............       8.2       8.3       8.4       8.8       1.5       1.8       1.9       1.8

2000.............       7.9       8.0       8.2       7.8       1.6       1.5       1.6       1.6



1999.............       8.2       8.1       8.2       7.9       1.8       1.6       1.6       1.6

1998.............       7.7       8.0       8.2       7.8       1.7       1.7       1.7       1.8

1997.............       7.5       7.9       7.9       7.7       1.7       1.6       1.5       1.7

1996.............       7.9       7.8       8.0       7.7       1.6       1.5       1.7       1.7

1995.............       7.4       7.7       7.7       7.7       1.5       1.6       1.5       1.6

1994.............       7.5       7.4       7.2       7.4       1.4       1.4       1.4       1.6

1993\r...........       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

1989\r...........       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

1979\r...........       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



     \r Revised