Home Vacancy Rate for Massachusetts
MAHVAC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.50
Year-over-Year Change
-68.75%
Date Range
1/1/1986 - 1/1/2024
Summary
The Home Vacancy Rate for Massachusetts tracks the percentage of unoccupied housing units in the state. This key metric provides insights into housing market dynamics and can inform policymakers and analysts about housing supply and demand.
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 Home Vacancy Rate for Massachusetts measures the proportion of vacant residential properties in the state. It is an important economic indicator that reflects housing market conditions, including construction, sales, and rental activity.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
The home vacancy rate is used by policymakers, urban planners, and real estate professionals to understand housing market trends and inform policy decisions.
Key Facts
- The current Massachusetts home vacancy rate is 5.2%.
- Home vacancy rates tend to be higher in urban areas compared to rural regions.
- Vacancy rates provide insight into housing supply and demand imbalances.
FAQs
Q: What does the Home Vacancy Rate for Massachusetts measure?
A: The Home Vacancy Rate for Massachusetts measures the percentage of residential housing units in the state that are unoccupied or vacant.
Q: Why is the Massachusetts home vacancy rate relevant for users or analysts?
A: The home vacancy rate is an important indicator of housing market conditions and can inform policymakers, real estate professionals, and consumers about the supply and demand for housing in the state.
Q: How is the Home Vacancy Rate for Massachusetts data collected or calculated?
A: The data is collected through the U.S. Census Bureau's American Community Survey.
Q: How is the Massachusetts home vacancy rate used in economic policy?
A: The home vacancy rate is used by policymakers, urban planners, and real estate professionals to understand housing market trends and inform policy decisions related to housing supply, construction, and development.
Q: Are there any update delays or limitations for the Home Vacancy Rate for Massachusetts data?
A: The American Community Survey data used to calculate the home vacancy rate is updated annually, so there may be a delay of up to a year in the most recent data being available.
Related Trends
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MAPCETRANS
Gross Domestic Product: Wholesale Trade (42) in Massachusetts
MAWHOLENQGSP
Real Gross Domestic Product: Wholesale Trade (42) in Massachusetts
MAWHOLERQGSP
Gross Domestic Product: Paper Manufacturing (322) in Massachusetts
MAPAPMANNGSP
Average Hourly Earnings of Production Employees: Manufacturing: Durable Goods in Massachusetts
SMU25000003100000008
Real Gross Domestic Product: Real Estate and Rental and Leasing (53) in Massachusetts
MARERENTLEARGSP
Citation
U.S. Federal Reserve, Home Vacancy Rate for Massachusetts (MAHVAC), retrieved from FRED.