Housing Inventory: Pending Listing Count Year-Over-Year in Rhode Island
PENLISCOUYYRI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-8.01
Year-over-Year Change
-351.89%
Date Range
7/1/2017 - 7/1/2025
Summary
The 'Housing Inventory: Pending Listing Count Year-Over-Year in Rhode Island' metric tracks the year-over-year change in the number of homes with accepted offers waiting to close in the Rhode Island housing market.
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 indicator provides insight into the pace of home sales activity and reflects the level of demand and available inventory in the Rhode Island real estate market. Economists and policymakers monitor this data to assess housing market trends and potential imbalances.
Methodology
The data is collected by real estate industry organizations and reported through the Federal Reserve's FRED database.
Historical Context
Analysts use this metric to gauge the health and momentum of the Rhode Island housing sector.
Key Facts
- The series began in January 2020.
- Pending listings represent homes with accepted offers waiting to close.
- Year-over-year changes reflect the pace of sales activity.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the year-over-year change in the number of pending home listings in the Rhode Island housing market.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the pace of home sales activity and reflects the level of demand and available inventory in the Rhode Island real estate market.
Q: How is this data collected or calculated?
A: The data is collected by real estate industry organizations and reported through the Federal Reserve's FRED database.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this data to assess housing market trends and potential imbalances in the Rhode Island real estate sector.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis with potential for slight delays in reporting.
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Citation
U.S. Federal Reserve, Housing Inventory: Pending Listing Count Year-Over-Year in Rhode Island (PENLISCOUYYRI), retrieved from FRED.