Just 28,100 of San Jose's 650,700 housing units were empty as of 2011, the year covered by the U.S. Census Bureau's newest American Community Survey. That translates to a vacancy rate of 4.3 percent, easily the best in the nation. The next lowest vacancy rates in any major market are 5.6 percent in Lancaster, Pa., and 5.7 percent in Minneapolis-St. Paul.
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