U.S. Census Bureau report released Monday, a measure of vacant properties for sale real estate in the proportion of all U.S. housing vacancy rate in the fourth quarter rose to 2.7% due to the bank to take over in the later, more housing is in vacant.
Report, based on 74.8 million in 2.1 million homes are vacant figures, the U.S. housing vacancy rate in the fourth quarter of 2.7%, higher than 2.5% in the third quarter. The report also showed that its measure of home ownership for homeowners in all indicators of the proportion of homeowners in the third quarter from 66.9% to 66.5%, marking the lowest level in 10 years.
To measure the number of vacant housing is an indicator of housing supply, including the so-called "shadow inventory" that is not on the registration of real estate agents at real estate, such as bank-owned housing. Housing vacancy rate in the first quarter of 2008 and hit 2.9% in the fourth quarter were the highest level in history, which is the collapse of Lehman Brothers and American International Group (AIG) by the U.S. government took over the year.
Census Bureau shows that since mid-2009, since home ownership rates are declining every quarter, because the foreclosure rate has been a substantial increase. According to the Fed's senior loan officer survey, in 2004, the home ownership rate rose sharply to 69.2%, setting record high levels, because at that time the credit standards began to decline. Senior Loan Officer Survey will be used to measure bank loans.