During 1996, a total of 191,300 privately financed, nonsubsidized, unfurnished, rental apartments in buildings of five units or more were completed in permit-issuing areas in the United States. This was a 23 (± 11) percent increase over the 155,000 like completions in 1995, and an 84 (± 19) percent increase over the 104,000 such units completed in 1994. It was the largest number of such completions since the 214,300 units in 1990.

Tables

Annual 1997 Absorptions: (Apartments Completed in 1996)

Table 1. Absorption Rates for Unfurnished Apartments Completed, by Geographic Area: 1996 [<1.0 MB]

Table 2. Absorption Rates for Unfurnished Apartments Completed, by Rent, for the United States and Regions: 1996 [<1.0 MB]

Table 3. Absorption Rates for Unfurnished Apartments Completed, by Number of Bedrooms and Rent, for the United States and Regions: 1996 [<1.0 MB]

Table 4. Absorption Rates for Unfurnished Apartments Completed, by Presence of Selected Features and Utilities, for the United States and Regions: 1996 [<1.0 MB]

Table 5. Absorption Rates for Condominium and Cooperative Apartments Completed, by Number of Bedrooms and Regions: 1996 [<1.0 MB]

Table 6. Absorption Rates for Condominium Apartments Completed, by Asking Price and Number of Bedrooms, for the United States: 1996 [<1.0 MB]

Table 7. Absorption Rates for Furnished Apartments Completed, by Rent and Number of Bedrooms, for the United States and Regions: 1996 [<1.0 MB]

Table 8. Apartments Completed in Buildings With Five Units or More: 1970 to 1996 [<1.0 MB]

Standard Errors: Completions in 1986 to 1996 [<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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