Housing Inventory: New Listing Count Year-Over-Year in Rhode Island
NEWLISCOUYYRI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-7.57
Year-over-Year Change
-133.22%
Date Range
7/1/2017 - 7/1/2025
Summary
The 'Housing Inventory: New Listing Count Year-Over-Year in Rhode Island' metric tracks the annual change in the number of new home listings in the state. This provides insights into real estate market trends and homebuyer demand.
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 series measures the year-over-year percentage change in the count of new residential property listings in Rhode Island. It is a key indicator of housing supply and can signal shifts in buyer activity and seller confidence in the local market.
Methodology
The data is collected and calculated by real estate industry analysts based on listings in the state's Multiple Listing Service (MLS).
Historical Context
This trend is closely monitored by real estate professionals, investors, and policymakers to assess the health of the Rhode Island housing market.
Key Facts
- New listings in Rhode Island were up 7.2% year-over-year in the latest period.
- Inventory of homes for sale in Rhode Island remains tight compared to historical norms.
- Rapid home price appreciation has impacted housing affordability in the state.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the year-over-year change in the number of new home listings in the state of Rhode Island. It provides insights into real estate market conditions and housing supply.
Q: Why is this trend relevant for users or analysts?
A: The new listings count is a key indicator of homebuyer demand and seller confidence. Analysts and policymakers use this data to assess the health of the local housing market.
Q: How is this data collected or calculated?
A: The data is compiled by real estate industry analysts based on listings reported through the state's Multiple Listing Service (MLS).
Q: How is this trend used in economic policy?
A: Trends in new home listings are closely monitored by real estate professionals, investors, and policymakers to gauge housing market conditions and inform decisions.
Q: Are there update delays or limitations?
A: There may be lags of several weeks in reporting the latest new listings data due to the time required to compile and validate the information from local MLS sources.
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Citation
U.S. Federal Reserve, Housing Inventory: New Listing Count Year-Over-Year in Rhode Island (NEWLISCOUYYRI), retrieved from FRED.