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Survey of Market Absorption

Published by U.S. Census Bureau | Department of Commerce | Catalog Last Checked: September 30, 2025 at 05:35 AM | Dataset Last Updated: September 05, 2023
The Survey of Market Absorption of New Multifamily Units (SOMA), sponsored by the Department of Housing and Urban Development (HUD), uses the Census Bureau's Survey of Construction (SOC) as its sampling base. Each month, a sample of residential buildings containing five or more units is selected for SOMA. The initial 3-month interview collects information on amenities, rent or sales price levels, number of units, type of building, and the number of units taken off the market (absorbed). Field representatives conduct subsequent interviews, if necessary, at 6, 9, and 12 months after completion.

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