November 2, 2010 / 2:20 PM / 8 years ago

Home vacancy rate flat in third quarter, rentals dip

WASHINGTON (Reuters) - The percentage of empty privately owned homes remained steady at 2.5 percent in the third quarter, while rental vacancies edged down slightly, a government report showed on Tuesday.

A vacant home for sale in Yonkers, New York, October 26, 2010. REUTERS/Mike Segar

The homeowner vacancy rate was 2.5 percent in the July-September period, the same as in the April-June period. the Commerce Department said. In the third quarter of 2009, the homeowner vacancy rate was 2.6 percent.

The residential rental vacancy rate was 10.3 percent in the third quarter, compared to 10.6 percent in both the second and first quarters of 2010, the Commerce Department said.

Reporting by David Lawder; Editing by Theodore d'Afflisio

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