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                                     2.8
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