Homeowner Vacancy Rate in the Northeast Census Region
RHVRNEQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.80
Year-over-Year Change
-27.27%
Date Range
1/1/1956 - 4/1/2025
Summary
The Homeowner Vacancy Rate in the Northeast Census Region measures the percentage of vacant housing units available for sale in that geographic area. This metric provides insight into supply and demand dynamics in the Northeast's housing market.
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 Homeowner Vacancy Rate tracks the proportion of homeowner units in the Northeast that are unoccupied and listed for sale. Economists and policymakers use this data to monitor the health and imbalances within the regional housing market.
Methodology
This statistic is calculated by the U.S. Census Bureau based on surveys of housing units.
Historical Context
The Homeowner Vacancy Rate is a key indicator referenced by real estate analysts and policymakers focused on residential construction and home sales trends.
Key Facts
- The Northeast region includes Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and Vermont.
- Homeowner vacancy rates tend to rise during economic downturns as more properties are listed for sale.
- Higher vacancy rates signal an oversupply of housing units relative to demand in the Northeast.
FAQs
Q: What does this economic trend measure?
A: The Homeowner Vacancy Rate measures the percentage of vacant housing units available for sale in the Northeast Census Region of the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the supply and demand dynamics of the Northeast housing market, which is useful for real estate professionals, policymakers, and economic analysts.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau calculates this statistic based on surveys of housing units in the Northeast region.
Q: How is this trend used in economic policy?
A: The Homeowner Vacancy Rate is referenced by real estate analysts and policymakers focused on monitoring residential construction, home sales, and other housing market conditions in the Northeast.
Q: Are there update delays or limitations?
A: The data is published quarterly by the Census Bureau, so there may be a delay of several months between the reference period and public release.
Related Trends
Expenditures: Total Average Annual Expenditures by Region: Residence in the Northeast Census Region
CXUTOTALEXPLB1102M
Expenditures: Pets, Toys, and Playground Equipment by Region: Residence in the Northeast Census Region
CXUPETSPLAYLB1102M
Housing Inventory Estimate: Vacant Housing Units for Sale in the Northeast Census Region
ESALENEQ176N
New Privately Owned Housing Completions by Design Type, Attached One-Family Units in the Northeast Census Region
COMPDTA1FNEQ
Expenditures: Other Household Expenses by Region: Residence in the Northeast Census Region
CXUHHOTHXPNLB1102M
New Privately Owned Housing Completions Total One-Family Units in the Northeast Census Region
COMP1FNEQ
Citation
U.S. Federal Reserve, Homeowner Vacancy Rate in the Northeast Census Region (RHVRNEQ156N), retrieved from FRED.