Tuesday, October 27, 2020

HVS: Q3 2020 Homeownership and Vacancy Rates

The Census Bureau released the Residential Vacancies and Homeownership report for Q3 2020. It is likely the results of this survey were significantly distorted by the pandemic.  See note from Census below. This report is frequently mentioned by analysts and the media to track household formation, the homeownership rate, and the homeowner and rental vacancy rates.  However, there are serious questions about the accuracy of this survey. This survey might show the trend, but I wouldn't rely on the absolute numbers. he Census Bureau is investigating the differences between the......(read more)
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