The data depicts the homeowner vacancy rates in the U.S. from 1990 to 2017. The homeowner vacancy rate shows what share of owner-occupied housing units are vacant and for sale. The homeowner vacancy rate in the U.S. decreased from 2.8% in 2008 to 1.6% in 2017.
Homeownership - additional information
Homeownership is a form of living arrangement where the owner of the inhabited property, whether apartment, house, or type of real estate, lives on the premises. Due to usually high costs associated with owning a property and perceived advantages or disadvantages associated with such a long-term investment, homeownership rates differ greatly around the world, based on both cultural and economic factors.
