New Houses Sold by Sales Price Between $600,000 and $799,999 in the Midwest Census Region
Thousands of Units, Quarterly
NHSMWSP60T79Q • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
0.00%
Date Range
1/1/2020 - 4/1/2025
Summary
The 'Thousands of Units, Quarterly' trend measures the production of new single-family homes in the United States. This data is a key indicator of the health and activity of the residential construction industry.
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 the number of new single-family homes started and completed on a quarterly basis. It provides important insights into housing supply, consumer demand, and broader macroeconomic conditions.
Methodology
The data is collected and reported by the U.S. Census Bureau based on surveys of home builders and construction permits.
Historical Context
Housing starts and completions are closely monitored by policymakers, investors, and economists to assess the state of the housing market and overall economic trends.
Key Facts
- Single-family housing starts are a leading economic indicator.
- New home construction supports millions of jobs in the U.S.
- Quarterly data shows seasonal and cyclical trends in the housing market.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of new single-family homes started and completed on a quarterly basis in the United States.
Q: Why is this trend relevant for users or analysts?
A: Housing starts and completions are a crucial indicator of the health and activity of the residential construction industry, providing insights into housing supply, consumer demand, and broader macroeconomic conditions.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau based on surveys of home builders and construction permits.
Q: How is this trend used in economic policy?
A: Housing starts and completions are closely monitored by policymakers, investors, and economists to assess the state of the housing market and overall economic trends, informing policy decisions and market strategies.
Q: Are there update delays or limitations?
A: The quarterly data is published with a lag, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Thousands of Units, Quarterly (NHSMWSP60T79Q), retrieved from FRED.