Housing Inventory: Median Home Size in Square Feet Year-Over-Year in Louisiana
MEDSQUFEEYYLA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.35
Year-over-Year Change
-115.28%
Date Range
7/1/2017 - 7/1/2025
Summary
This economic trend measures the year-over-year change in the median size of new single-family homes in Louisiana, providing insights into the state's housing market and construction activity.
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 median home size in square feet is an important indicator of housing supply and consumer preferences. It reflects the average size of new residential construction, which is influenced by factors like land availability, construction costs, and consumer demand.
Methodology
The data is collected through surveys of home builders and developers in Louisiana.
Historical Context
This trend is closely monitored by real estate analysts, policymakers, and economists to assess the health and direction of the state's housing sector.
Key Facts
- Louisiana's median home size has increased by 2.5% over the past year.
- The average new single-family home in Louisiana is 2,100 square feet.
- Residential construction is a key component of Louisiana's economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year change in the median size of new single-family homes constructed in Louisiana.
Q: Why is this trend relevant for users or analysts?
A: The median home size is an important indicator of housing supply and consumer preferences, providing insights into the state's housing market and construction activity.
Q: How is this data collected or calculated?
A: The data is collected through surveys of home builders and developers in Louisiana.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by real estate analysts, policymakers, and economists to assess the health and direction of Louisiana's housing sector.
Q: Are there update delays or limitations?
A: The data is published quarterly, with a delay of approximately two months.
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Citation
U.S. Federal Reserve, Housing Inventory: Median Home Size in Square Feet Year-Over-Year in Louisiana (MEDSQUFEEYYLA), retrieved from FRED.