Table 1.  Rental and Homeowner Vacancy Rates for the United States: 
                1960 and 1965 to 1996


                  Rental  Vacancy Rates      Homeowner  Vacancy Rates

Year
            First   Second    Third   Fourth    First   Second    Third   Fourth
          quarter  quarter  quarter  quarter  quarter  quarter  quarter  quarter

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