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Data and Statistics

Vermont homeownership rates hold steady despite national decline

Homeownership rates in the United States, especially among younger households, have been declining since their peak in 2004, according to recent analysis by the National Home Builder's Association.

VHFA wondered whether Vermont was experiencing the same decline.

We weren't able to look at homeownership rates by age, but instead charted Vermont's overall homeownership rate compared to the national. Interestingly, the U.S. Census Bureau surveys show no statistically significant decline in Vermont.

NPR sets home prices to music

National Public Radio's "All Things Considered" aired a story yesterday in which they set the Case-Shiller home price index to music. Enjoy.

Report: Homelessness calls to Vermont 2-1-1 up 30%

Vermont 2-1-1's analysis of calls to the helpline in 2010, shows calls related to homelessness were up 30 percent over the previous year.

Some other findings from the organization's recent report:

Housing data site updated

We've just completed our latest update to the "Vermont housing data profiles" section of Vermont Housing Data. We've added or updated:

Report's housing affordability claim debatable

The Vermont Economy Newsletter released its annual housing affordability analysis yesterday.

Art Woolf, the report's author, states

Vermont's housing affordability improved in 2010 for the fourth consecutive year, making last year the 5th most affordable year in the 24 years he's published the report.

HUD publishes Burlington area housing market profile

The U.S. Department of Housing & Urban Development (HUD) has published its Housing Market Profile for Q4 2010 for the Burlington/South Burlington area.

Some highlights:

Housing, population data bare closer examination

Today's story on the front of the Burlington Free Press, "Census sense: Housing, population data in Chittenden County crisscross," tells us what a lot of people working with housing data already knew: Numbers can be difficult to interpret.

Writer Joel Banner Baird ponders housing numbers that seem to be growing faster than population.

Population growth slows in all Vermont counties

According to last week’s release of Census 2010 results, no Vermont county was spared the population growth slowdown that occurred in the state during the past 10 years.

In fact, three counties (Rutland, Windsor, and Essex) lost population in the most recent decade.

Chittenden County’s population grew by 7% during 2000 and 2010, more than any other county in the state. The fastest growing town in the state was South Burlington with population growth of 20% between 2000 and 2010.

Vacancy rate statistics can mislead

Vacancies figures for Vermont released yesterday might give a false impression of the amount of available housing in the Green Mountain State.

New numbers from the 2010 U.S. Census show Vermont has a 20.5 percent vacancy rate. While that number may be accurate, the devil's in the details: That statistic includes Vermont's substantial stock of "vacation" homes — units that may, in fact, have no one living in them year-round, but are also unavailable for sale or rental.

For many practical purposes, they'd be more accurately considered "occupied."

HUD: Worst case housing needs up 20%

The U.S. Department of Housing & Urban Development (HUD) reported to Congress yesterday "worst case housing needs" grew by more than 20% from 2007 to '09. That figure represents a growth of 1.2 million households.

“Worst case housing needs” are defined as low-income households that paid more than half their monthly income for rent, lived in severely substandard housing, or both.

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