Rental Vacancy Rate for Idaho
IDRVAC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.10
Year-over-Year Change
-28.17%
Date Range
1/1/1986 - 1/1/2024
Summary
The Rental Vacancy Rate for Idaho measures the percentage of rental housing units that are vacant and available for rent in the state. This metric is a key indicator of housing market conditions and rental demand.
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 for Idaho represents the share of rental housing that is unoccupied and on the market. It provides insight into the balance between rental supply and demand, which is useful for policymakers, real estate investors, and market analysts.
Methodology
The data is collected through the U.S. Census Bureau's Current Population Survey/Housing Vacancy Survey.
Historical Context
The rental vacancy rate is closely watched by the Federal Reserve and other institutions to assess housing market dynamics and guide policy decisions.
Key Facts
- The current rental vacancy rate for Idaho is X.X%.
- Rental vacancies have increased/decreased by Y% over the past Z years.
- High/Low rental vacancy rates can signal changes in housing demand and affordability.
FAQs
Q: What does the Rental Vacancy Rate for Idaho measure?
A: The Rental Vacancy Rate for Idaho represents the percentage of rental housing units in the state that are vacant and available for rent. It is a key indicator of the balance between rental supply and demand.
Q: Why is the Rental Vacancy Rate for Idaho relevant for users or analysts?
A: The rental vacancy rate provides important insights into the health of the housing market and rental demand. It is closely watched by policymakers, real estate investors, and economists to assess market conditions and inform decisions.
Q: How is the Rental Vacancy Rate for Idaho data collected or calculated?
A: The data is collected through the U.S. Census Bureau's Current Population Survey/Housing Vacancy Survey.
Q: How is the Rental Vacancy Rate for Idaho used in economic policy?
A: The rental vacancy rate is a key input for the Federal Reserve and other institutions when evaluating housing market dynamics and making policy decisions that impact the broader economy.
Q: Are there any update delays or limitations with the Rental Vacancy Rate for Idaho data?
A: The Rental Vacancy Rate for Idaho data is published quarterly with a short delay. While comprehensive, the survey may not capture all rental units in the state, especially in more rural areas.
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Citation
U.S. Federal Reserve, Rental Vacancy Rate for Idaho (IDRVAC), retrieved from FRED.