Housing Inventory: Pending Listing Count Month-Over-Month in Connecticut
PENLISCOUMMCT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-6.54
Year-over-Year Change
230.30%
Date Range
7/1/2017 - 7/1/2025
Summary
The Pending Listing Count Month-Over-Month in Connecticut measures the month-over-month change in the number of homes under contract but not yet sold in the state. This indicator provides insight into the health of the housing market and evolving buyer and seller sentiment.
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 Pending Listing Count tracks the number of Connecticut homes that have been listed for sale and have a pending sales contract, but have not yet closed. This metric is a leading indicator of future home sales activity and can signal shifts in housing supply and demand.
Methodology
The data is collected and reported monthly by the Federal Reserve using information from real estate listing services.
Historical Context
Economists and policymakers monitor this metric to assess the state of the Connecticut housing market and predict future sales and price trends.
Key Facts
- The data is reported monthly by the Federal Reserve.
- Pending listings indicate homes under contract but not yet sold.
- The metric provides insight into housing supply and demand trends.
FAQs
Q: What does this economic trend measure?
A: The Pending Listing Count Month-Over-Month in Connecticut measures the change in the number of homes in the state that are under contract but have not yet closed.
Q: Why is this trend relevant for users or analysts?
A: This metric is a leading indicator of future home sales activity and can signal shifts in housing supply and demand, making it relevant for economists, real estate professionals, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and reported monthly by the Federal Reserve using information from real estate listing services.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this metric to assess the state of the Connecticut housing market and predict future sales and price trends, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is reported monthly, so there may be a delay of a few weeks between the reference period and the public release of the information.
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Citation
U.S. Federal Reserve, Housing Inventory: Pending Listing Count Month-Over-Month in Connecticut (PENLISCOUMMCT), retrieved from FRED.