Census Bureau

Picture of a houseSurvey of Market Absorption

Description 

Because of the interest in apartment construction throughout 
the Nation, both private industry and government have a need 
for information on the demand for rental and condominium 
housing.  This report provides data on the rate at which 
privately financed, nonsubsidized housing units in newly 
constructed multiunit (5 units or more) buildings are absorbed, 
that is, rented or sold, on the market.  National data are
published on absorption rates (at 3-, 6-, 9-, and 12-month
intervals), asking rent or price, and number of bedrooms.  
Regional and metro/nonmetro data include median asking rent
or price and 3-month absorption rate.  The distribution of 
multifamily unit completions by type (furnished, unfurnished, 
cooperative or condominium, federally subsidized, and other) 
are also included.  The published data do not include infor-
mation for individual metropolitan areas, however, absorption rate 
data for selected metropolitan areas is available upon request by
calling (301/763-3199.

Go to  Market Absorption of Apartments 


Last Revised: Monday, 15-Nov-2004 09:17:03 EST