Housing Inventory: Pending Listing Count Month-Over-Month in Mississippi
PENLISCOUMMMS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-6.48
Year-over-Year Change
107.69%
Date Range
7/1/2017 - 7/1/2025
Summary
The 'Housing Inventory: Pending Listing Count Month-Over-Month in Mississippi' measures the change in the number of homes listed for sale but not yet under contract in the state of Mississippi on a month-over-month basis. This metric provides insight into housing market activity and future sales potential.
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 tracks the month-over-month percentage change in the number of residential properties that are listed for sale but have not yet entered a sales contract in Mississippi. It is an important leading indicator for real estate analysts and policymakers to gauge housing market trends and assess future home sales.
Methodology
The data is collected and calculated by the U.S. Federal Reserve using listings information from real estate industry sources.
Historical Context
Economists and real estate professionals monitor this metric to understand current and future home sales activity in local housing markets.
Key Facts
- Mississippi's pending home listings rose 2.5% month-over-month in June 2022.
- Pending listing counts provide an early signal of future home sales activity.
- This metric is a leading indicator of the health of the Mississippi housing market.
FAQs
Q: What does this economic trend measure?
A: This metric measures the month-over-month change in the number of homes listed for sale but not yet under contract in the state of Mississippi.
Q: Why is this trend relevant for users or analysts?
A: Pending listing counts are an important leading indicator that provides insight into future home sales activity and the overall health of the housing market in Mississippi.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve using listings information from real estate industry sources.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this metric to understand current and future home sales activity, which informs housing and economic policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag, so there may be a delay in reflecting the most recent market conditions.
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Citation
U.S. Federal Reserve, Housing Inventory: Pending Listing Count Month-Over-Month in Mississippi (PENLISCOUMMMS), retrieved from FRED.