During 1994, a total of 104,000 privately financed, nonsubsidized, unfurnished, rental apartments in buildings of five units or more were completed in permit-issuing areas in the United States. Although still low by historical standards, this was a 35 (± 17) percent increase over the 77,200 like completions in 1993, and about the same as the 110,200 such units completed in 1992. The 77,200 units built in 1993 was the lowest level of privately financed, nonsubsidized, unfurnished rental apartment completions since the survey began in 1970 (table 11).

Tables

Annual 1995 Absorptions: (Apartments Completed in 1994).

Table 1. Absorption Rates for Unfurnished Apartments Completed, by Geographic Area: 1994 [<1.0 MB]

Table 2. Absorption Rates for Unfurnished Apartments Completed, by Rent, for the United States and Regions: 1994 [<1.0 MB]

Table 3. Absorption Rates for Unfurnished Apartments Completed, by Number of Bedrooms and Rent, for the United States and Regions: 1994 [<1.0 MB]

Table 4. Absorption Rates for Unfurnished Apartments Completed, by Presence of Selected Features and Utilities, for the United States and Regions: 1994 [<1.0 MB]

Table 5. Absorption Rates for Condominium and Cooperative Apartments Completed, by Number of Bedrooms and Regions: 1994 [<1.0 MB]

Table 6. Absorption Rates for Condominium Apartments Completed, by Asking Price and Number of Bedrooms, for the United States: 1994 [<1.0 MB]

Table 7. Absorption Rates for Furnished Apartments Completed, by Rent and Number of Bedrooms, for the United States and Regions: 1994 [<1.0 MB]

Table 8. Apartments Completed in Buildings With Five Units or More: 1970 to 1994 [<1.0 MB]

Table 9. Unfurnished Apartments Completed, by Number of Bedrooms: 1970 to 1994 [<1.0 MB]

Table 10. Absorption Rates for Unfurnished Apartments at 3, 6, 9, and 12 Months after Completion, by Number of Bedrooms: 1970 to 1994 [<1.0 MB]

Table 11. Unfurnished Apartments Completed, by Region: 1970 to 1994 [<1.0 MB]

Table 12. Absorption Rates for Unfurnished Apartments at 3, 6, 9, and 12 Months after Completion, by Region: 1970 to 1994 [<1.0 MB]

Table 13. Unfurnished Apartments Completed, by Inside or Outside MA: 1970 to 1994 [<1.0 MB]

Table 14. Absorption Rates for Unfurnished Apartments at 3, 6, 9, and 12 Months after Completion, by Inside or Outside MA: 1970 to 1994 [<1.0 MB]

Table 15. Unfurnished Apartments Completed, by Rent Class: 1970 to 1994 [<1.0 MB]

Table 16. Absorption Rates for Unfurnished Apartments at 3, 6, 9, and 12 Months after Completion, by Rent Class: 1970 to 1994 [<1.0 MB]

Table 17. Condominium and Cooperative Apartments Completed, by Region: 1970 to 1994 [<1.0 MB]

Table 18. Absorption Rates for Condominium and Cooperative Apartments Completed, by Region: 1970 to 1994 [<1.0 MB]

Standard Errors: Completions in 1986 to 1994 [<1.0 MB]

Standard Errors: Completions in 1985 [<1.0 MB]

Standard Errors: Completions in 1970 to 1984 [<1.0 MB]

Related Information

SOMA Publications

Page Last Revised - October 8, 2021

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