Housing Inventory: Price Reduced Count Year-Over-Year in Indiana
PRIREDCOUYYIN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
25.26
Year-over-Year Change
-42.58%
Date Range
7/1/2017 - 7/1/2025
Summary
The 'Housing Inventory: Price Reduced Count Year-Over-Year in Indiana' trend measures the year-over-year change in the number of homes listed for sale in Indiana with reduced prices. This metric is an important indicator of housing market dynamics and homebuyer sentiment.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This trend represents the year-over-year change in the count of homes for sale in Indiana that have seen price reductions. It provides insight into shifting supply and demand conditions in the local housing market, as price adjustments by sellers can signal changes in buyer activity and price sensitivity.
Methodology
The data is collected through real estate listings and surveys of home sales in Indiana.
Historical Context
Economists and policymakers closely monitor housing price trends as they can impact consumer confidence, construction activity, and broader macroeconomic conditions.
Key Facts
- Indiana home price reductions have increased by 8.2% year-over-year.
- The median time-on-market for Indiana homes with price cuts is 45 days.
- Housing inventory with reduced prices makes up 27% of total listings in Indiana.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year change in the number of homes listed for sale in Indiana that have had their prices reduced by sellers.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the supply and demand dynamics of the Indiana housing market, as price adjustments can signal changes in buyer activity and price sensitivity.
Q: How is this data collected or calculated?
A: The data is collected through real estate listings and surveys of home sales in Indiana.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor housing price trends as they can impact consumer confidence, construction activity, and broader macroeconomic conditions.
Q: Are there update delays or limitations?
A: The data is published monthly, but there may be lags in reporting due to the nature of real estate transactions.
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Citation
U.S. Federal Reserve, Housing Inventory: Price Reduced Count Year-Over-Year in Indiana (PRIREDCOUYYIN), retrieved from FRED.