Existing Single-Family Home Sales in Northeast Census Region
EXSFHSUSNEM495S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
390,000.00
Year-over-Year Change
-2.50%
Date Range
6/1/2024 - 6/1/2025
Summary
The Existing Single-Family Home Sales in Northeast Census Region measures the number of previously constructed single-family homes sold in the northeastern United States. This data provides insight into the health of the regional housing market.
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 economic indicator tracks sales of pre-owned single-family homes in the Northeast region, which includes Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and Vermont. It is used by policymakers, analysts, and investors to assess residential real estate conditions and consumer demand.
Methodology
The data is collected and reported monthly by the National Association of Realtors.
Historical Context
Existing home sales are an important barometer of economic activity, consumer confidence, and the overall health of the housing sector.
Key Facts
- Home sales in the Northeast have a seasonal peak in the summer months.
- The Northeast region accounts for approximately 20% of nationwide existing home sales.
- Existing home sales are a leading indicator of economic growth and consumer confidence.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of previously constructed single-family homes sold in the Northeastern United States, providing insights into regional housing market conditions.
Q: Why is this trend relevant for users or analysts?
A: Existing home sales are an important barometer of economic activity, consumer confidence, and the overall health of the housing sector, making this data highly relevant for policymakers, analysts, and investors.
Q: How is this data collected or calculated?
A: The data is collected and reported monthly by the National Association of Realtors.
Q: How is this trend used in economic policy?
A: Existing home sales data is closely monitored by economists and policymakers to assess the strength of the housing market and its impact on the broader economy, informing decisions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The existing home sales data is released on a monthly basis, with a typical delay of 4-6 weeks from the end of the reporting period.
Related Trends
New Privately Owned Housing Starts by Number of Units in Building, 20 or more Units in the Northeast Census Region
HOUSTDTA20UMNEQ
New Privately Owned Housing Starts by Purpose of Construction, Built for Sale Total One-Family Units in the Northeast Census Region
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Income Before Taxes: Social Security, Private & Government Retirement by Region: Residence in the Northeast Census Region
CXURETIRINCLB1102M
Consumer Unit Characteristics: Percent Men Reference Persons by Region: Residence in the Northeast Census Region
CXU980210LB1102M
Expenditures: Public and Other Transportation by Region: Residence in the Northeast Census Region
CXUPUBTRANSLB1102M
Producer Price Index by Industry: New Nonresidential Building Construction by Region: New Nonresidential Building Construction for Northeast Census Region
PCU2365002365001
Citation
U.S. Federal Reserve, Existing Single-Family Home Sales in Northeast Census Region (EXSFHSUSNEM495S), retrieved from FRED.