Home Price Sales Pair Counts for New York, New York
NYXRPSNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9,050.00
Year-over-Year Change
-14.13%
Date Range
1/1/1987 - 5/1/2025
Summary
This economic trend measures the monthly count of home price sales pairs in New York City. It provides insight into the real estate market activity and price trends in a major metropolitan area.
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 Home Price Sales Pair Counts for New York, New York tracks the number of property sales transactions used to calculate the area's home price index. This metric offers a real-time gauge of housing market dynamics and can help economists and policymakers analyze price appreciation, buyer demand, and inventory levels.
Methodology
The data is collected by the Federal Housing Finance Agency (FHFA) through a survey of real estate transactions.
Historical Context
This trend is a key input for monitoring the health of the New York housing market and informing related economic and policy decisions.
Key Facts
- New York City is one of the largest and most influential real estate markets in the United States.
- Home price growth in New York has outpaced the national average over the past decade.
- The volume of home sales transactions is a leading indicator of housing market conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly count of home price sales pairs in New York City, which provides insight into real estate market activity and price trends.
Q: Why is this trend relevant for users or analysts?
A: This metric offers a real-time gauge of housing market dynamics in a major metropolitan area, helping economists and policymakers analyze price appreciation, buyer demand, and inventory levels.
Q: How is this data collected or calculated?
A: The data is collected by the Federal Housing Finance Agency (FHFA) through a survey of real estate transactions.
Q: How is this trend used in economic policy?
A: This trend is a key input for monitoring the health of the New York housing market and informing related economic and policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly, with a typical lag of 1-2 months from the reference period.
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Citation
U.S. Federal Reserve, Home Price Sales Pair Counts for New York, New York (NYXRPSNSA), retrieved from FRED.