Housing Inventory: Price Reduced Count Year-Over-Year in Massachusetts
PRIREDCOUYYMA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
38.41
Year-over-Year Change
-23.68%
Date Range
7/1/2017 - 7/1/2025
Summary
This economic trend measures the year-over-year change in the number of price-reduced homes in Massachusetts. It provides insights into the state's housing market dynamics and 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
The Housing Inventory: Price Reduced Count Year-Over-Year in Massachusetts tracks the annual change in the number of homes that have had their listing prices reduced in the state. This indicator offers a window into housing supply, demand, and seller behavior within the Massachusetts real estate market.
Methodology
The data is collected from multiple listing services and real estate platforms.
Historical Context
This trend is used by economists, real estate analysts, and policymakers to monitor housing market conditions and consumer sentiment.
Key Facts
- Massachusetts home prices have risen steadily in recent years.
- The number of price-reduced listings can signal shifts in housing supply and demand.
- Price reductions may indicate sellers' attempts to attract buyers in a changing market.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year change in the number of homes in Massachusetts that have had their listing prices reduced.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into housing market dynamics, including shifts in supply, demand, and seller sentiment within the Massachusetts real estate market.
Q: How is this data collected or calculated?
A: The data is collected from multiple listing services and real estate platforms.
Q: How is this trend used in economic policy?
A: Economists, real estate analysts, and policymakers use this trend to monitor housing market conditions and consumer sentiment in Massachusetts.
Q: Are there update delays or limitations?
A: The data may be subject to reporting lags or incomplete coverage, as it relies on information from various real estate sources.
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Citation
U.S. Federal Reserve, Housing Inventory: Price Reduced Count Year-Over-Year in Massachusetts (PRIREDCOUYYMA), retrieved from FRED.