St Louis Homeowner Vacancy Rate At Highest Rate In Over 8 Years

The St Louis homeowner vacancy rate was 3.5 percent in 2013, an increase of almost 13 percent from the year before and the highest rate in over 8 years, according to data just released by the U.S. Census Bureau.  The homeowner vacancy rate represents the percentage of homes, that are normally occupied year-round,  that are currently vacant and for sale without a pending contract.  The interesting thing about this is the inventory of homes for sale in St Louis has been steadily declining so the fact that the vacancy rate is increasing indicates there are a growing number of vacant homes for sale.

St Louis Homeowner Vacancy Rate - 2005 - 2013

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