U.S. Vacancy Rate Rises to Record 2.8% in First Quarter

By Rex NuttingRISMEDIA, April 27, 2007-(MarketWatch)-The vacancy rate for owner-occupied homes rose to a record 2.8% in the first quarter from 2.7% in the fourth quarter, the Commerce Department reported Friday. A year ago, the vacancy rate was 2.1%, a record at the time. The vacancy rate for rental homes rose to 10.1% from 9.8%, the [...]

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