Rental Vacancy Rate for Arkansas
ARRVAC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.80
Year-over-Year Change
-7.55%
Date Range
1/1/1986 - 1/1/2024
Summary
The Rental Vacancy Rate for Arkansas measures the percentage of rental housing units that are vacant and available for rent. It provides insight into the supply and demand dynamics of the state's rental housing market.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Rental Vacancy Rate is an important economic indicator used by policymakers, real estate analysts, and investors to assess the health and balance of local and regional rental housing markets. It helps identify areas of potential oversupply or high demand for rental properties.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
The Rental Vacancy Rate is closely monitored by housing authorities and real estate stakeholders to inform policy decisions and investment strategies.
Key Facts
- Arkansas's rental vacancy rate was 10.2% as of the latest data.
- The national rental vacancy rate averaged 5.8% in the same period.
- Rental vacancy rates can indicate market imbalances and affect rents and construction.
FAQs
Q: What does the Rental Vacancy Rate for Arkansas measure?
A: The Rental Vacancy Rate for Arkansas measures the percentage of rental housing units in the state that are vacant and available for rent.
Q: Why is the Rental Vacancy Rate relevant for users and analysts?
A: The Rental Vacancy Rate is an important indicator of the supply and demand dynamics in the rental housing market, which is crucial information for policymakers, real estate investors, and housing authorities.
Q: How is the Rental Vacancy Rate data collected or calculated?
A: The data is collected through the U.S. Census Bureau's American Community Survey.
Q: How is the Rental Vacancy Rate used in economic policy?
A: The Rental Vacancy Rate is closely monitored by housing authorities and real estate stakeholders to inform policy decisions and investment strategies.
Q: Are there any update delays or limitations with this data?
A: The Rental Vacancy Rate data may have a delay of several months due to the nature of the survey process, and it may not capture real-time changes in the market.
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Citation
U.S. Federal Reserve, Rental Vacancy Rate for Arkansas (ARRVAC), retrieved from FRED.