Around 1.6% of homes in New Mexico were vacant, on average, during the robust real estate years of 2004 to 2007. For 2007, the vacancy rate jumped to 2.8%, the highest figure in many years. Between 1999 and 2002, the rate was 2.4%. The numbers are from the Census Bureau.
Albuquerque's vacancy rate went from 1.8% in 2005 to 2% in 2006 and 2.8% in 2007.
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