Excerpt: “National vacancy rates in the first quarter 2025 were 7.1 percent for rental housing and 1.1 percent for homeowner housing. The rental vacancy rate was higher than the rate in the first quarter 2024 (6.6 percent) and not statistically different from the rate in the fourth quarter 2024 (6.9 percent). The homeowner vacancy rate of 1.1 percent was higher than the rate in the first quarter 2024 (0.8 percent) and virtually the same as the rate in the fourth quarter 2024 (1.1 percent). The homeownership rate of 65.1 percent was not statistically different from the rate in the first quarter 2024 (65.6 percent) and lower than the rate in the fourth quarter 2024 (65.7 percent).”
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