Be on the lookout next Tuesday, 9 a.m. ET for the Housing Vacancies and Homeownership report. The report is a product of the Census Bureau [1] and seeks to provide up-to-date information on rental and homeowner vacancy rates, as well as the characteristics of units available for occupancy. This set of data allows for organizations—both public and private sector—to evaluate the need for new housing programs and initiatives. The rental vacancy rate is calculated as a component of the index of leading economic indicators and is used by the U.S. government and economic forecasters to gauge the current economic climate.
Rental and homeowner vacancy rates and homeownership rates are provided in the report for the entire U.S. and are analyzed according to regions, states and the 75 largest Metropolitan Statistical Areas (MSAs). The Census Bureau provides this information both quarterly and annually. Homeownership rates are also tabulated for multiple categories, including age of householder, family status, race, ethnicity, and by median family income. Estimates of the total housing inventory and percent distributions of vacant for-rent and for-sale-only units are also provided for the U.S. and its contingent regions.
Here’s what else you have to look forward to in the week ahead:
- AEI [2] National Mortgage Risk Index Update, Monday, 11 a.m. ET
- S&P CoreLogic Case-Shiller [3] HPI, Tuesday, 9 a.m. ET
- MBA Mortgage Apps, Wednesday, 7 a.m. ET
- Construction Spending Report, Thursday, 10 a.m. ET
- Census Bureau [1] Jobs Report, Friday, 8:30 a.m. ET