Rental Vacancy Rate for Delaware
DERVAC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.80
Year-over-Year Change
-59.14%
Date Range
1/1/1986 - 1/1/2024
Summary
The Rental Vacancy Rate for Delaware measures the percentage of rental housing units that are vacant and available for rent. It serves as an important indicator of the state's rental housing market conditions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Rental Vacancy Rate for Delaware provides insights into the supply and demand dynamics of the state's rental housing market. It is widely used by economists, policymakers, and real estate analysts to assess housing affordability and monitor trends in residential rental activity.
Methodology
The data is collected through the U.S. Census Bureau's Housing Vacancy Survey.
Historical Context
The Rental Vacancy Rate is a key metric for evaluating the overall health of the housing market and informing policy decisions.
Key Facts
- The current Rental Vacancy Rate for Delaware is XX.X%.
- Delaware's Rental Vacancy Rate has [increased/decreased] by [X.X] percentage points over the past year.
- The Rental Vacancy Rate in Delaware is [higher/lower] than the national average.
FAQs
Q: What does the Rental Vacancy Rate for Delaware measure?
A: The Rental Vacancy Rate for Delaware measures the percentage of rental housing units in the state that are vacant and available for rent. It provides insights into the supply and demand dynamics of the rental housing market.
Q: Why is the Rental Vacancy Rate for Delaware relevant for users or analysts?
A: The Rental Vacancy Rate for Delaware is an important indicator of housing market conditions and affordability. It is widely used by economists, policymakers, and real estate analysts to assess the overall health of the state's rental housing market and inform policy decisions.
Q: How is the Rental Vacancy Rate for Delaware data collected or calculated?
A: The data for the Rental Vacancy Rate for Delaware is collected through the U.S. Census Bureau's Housing Vacancy Survey.
Q: How is the Rental Vacancy Rate for Delaware used in economic policy?
A: The Rental Vacancy Rate for Delaware is used by policymakers, economists, and housing market analysts to monitor trends in residential rental activity, evaluate housing affordability, and inform policy decisions related to the state's housing market.
Q: Are there any update delays or limitations for the Rental Vacancy Rate for Delaware data?
A: The Rental Vacancy Rate for Delaware data is updated on a regular basis by the U.S. Census Bureau, but there may be some lag between the data collection and the public release of the information.
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Citation
U.S. Federal Reserve, Rental Vacancy Rate for Delaware (DERVAC), retrieved from FRED.