US home vacancy rate flat in Q3, rentals dip

WASHINGTON, Nov 2 (BestGrowthStock) – The percentage of empty
privately owned U.S. homes remained steady at 2.5 percent in
the third quarter, while rental vacancies edged down slightly,
a government report showed on Tuesday.

The homeowner vacancy rate was 2.5 percent in the
July-September period, the same as in the April-June period.
the Commerce Department said. In the third quarter of 2009, the
homeowner vacancy rate was 2.6 percent.

The residential rental vacancy rate was 10.3 percent in the
third quarter, compared to 10.6 percent in both the second and
first quarters of 2010, the Commerce Department said.
(Reporting by David Lawder; Editing by Theodore d’Afflisio)

US home vacancy rate flat in Q3, rentals dip