This is the sum of housing units requested by a particular market. It is interpreted as the occupied housing units divided by 1 minus the vacancy allowance within the market. In this calculation, demand is influenced by the rate of new households that are being created in the market, which allows for a normal vacancy levels.
Housing Demand
This is the sum of housing units requested by a particular market. It is interpreted as the occupied housing units divided by 1 minus the vacancy allowance within the market. In this calculation, demand is influenced by the rate of new households that are being created in the market, which allows for a normal vacancy levels.
