U.S. flag

An official website of the United States government

Skip Header


Market Absorption of Apartments: 1990 Quarterly Absorptions

H130-90Q4

Introduction

An estimated total of 82,200 apartments were completed in buildings with five units or more in the third quarter, July-September 1990 (table 11). Approximately 62,200 were privately financed, nonsubsidized, unfurnished, rental apartments. Of these 62,200, an estimated 71 percent were absorbed (seasonally adjusted) 3 months after their completion. This is about the same (±4 per- cent) as the 3-month seasonally adjusted rate of 69 percent for apartments completed in the second quarter of 1990, and about the same (±5 percent) as the 3-month seasonally adjusted rate of 72 percent for apartments completed during the same (third) quarter of 1989. The total number of unfurnished apartments completed in the third quarter is not significantly different (±7,546) than the total of 56,100 units completed in quarter two, but it is significantly higher (±7,319) than the 43,300 unfurnished units completed in the first quarter of 1990 (table 1).

Related Information


Page Last Revised - October 8, 2021
Is this page helpful?
Thumbs Up Image Yes Thumbs Down Image No
NO THANKS
255 characters maximum 255 characters maximum reached
Thank you for your feedback.
Comments or suggestions?

Top

Back to Header