Home vacancies in Arizona down 0.2% from 2017 to 2018

Home vacancies in Arizona were 1.9 percent in 2018, a decrease of 0.2 percent from the previous year, according to the U.S. Census Bureau report, which was released in April.

The home vacancy rate is the proportion of the homeowner inventory that is vacant and for sale at the time of the survey.

The bureau compiles data from a sampling of approximately 72,000 occupied and vacant housing units across the country and District of Columbia. The bureau also collects information on homeownership vacancies, as well as certain characteristics about housing unit, such as age of household members, family status, race/ethnicity and median family income.

The overall home vacancy rate in the U.S. was 1.5 percent in 2018, a decrease of 0.1 percent from 2017.

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