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Changes in Homeownership and Households, 1993 to 1995: An Evaluation of Estimates from the Current Population Survey

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  • John Pitkin

Abstract

Long-term changes in the number of households and the rate of homeownership serve as indicators of trends in the housing sector and in economic and social well-being. The Census Bureau's Current Population Survey (CPS), the principal data source used to measure these trends, underwent major design changes in 1994. Users have questioned whether these changes affected the CPS's accuracy as a basis for measuring trends during the first half of the 1990s.This research note uses independent estimates from the American Housing Survey (AHS) to assess nonsampling errors introduced by the 1994 CPS changes. The results indicate that the CPS-based Housing Vacancy Survey (HVS) significantly underestimates the 1993 to 1995 growth in the number of households. Differences between homeownership trends estimated by the HVS and AHS are not significant.

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  • John Pitkin, 1998. "Changes in Homeownership and Households, 1993 to 1995: An Evaluation of Estimates from the Current Population Survey," Journal of Housing Research, Taylor & Francis Journals, vol. 9(2), pages 317-326, January.
    • Handle: RePEc:taf:rjrhxx:v:9:y:1998:i:2:p:317-326
    DOI: 10.1080/10835547.1998.12091935
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