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Home vacancy rates fall nationwide

Homeowner vacancy rates - defined as the proportion of homes vacant and for sale - were at or below their recessionary highs in all states in the first quarter, IHS Global Insight of Lexington, Mass., reported.

Homeowner vacancy rates - defined as the proportion of homes vacant and for sale - were at or below their recessionary highs in all states in the first quarter, IHS Global Insight of Lexington, Mass., reported.

The highest rates were in the Southeast, West and Rust Belt because of housing corrections, severe recession, or a combination of both, IHS said.

Pennsylvania's and New Jersey's vacancy rates, at 1.7 percent and 1.8 percent, respectively, were among the lowest. Florida's was the highest at 4.3 percent, followed by Nevada's 4.1 percent.

The lowest was Massachusetts, at 1.3 percent.    -Alan J. Heavens