Housing Inventory: Price Increased Count Month-Over-Month in Pennsylvania
PRIINCCOUMMPA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-16.30
Year-over-Year Change
1173.44%
Date Range
7/1/2017 - 7/1/2025
Summary
This economic trend measures the month-over-month change in the count of housing units where the asking price has increased in Pennsylvania. It provides insight into the state's housing market dynamics and price pressures.
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 Housing Inventory: Price Increased Count Month-Over-Month in Pennsylvania series tracks the number of residential properties listed for sale in Pennsylvania where the asking price has gone up compared to the prior month. This metric is used by economists and policymakers to assess housing affordability and price trends in the state.
Methodology
The data is collected through surveys of real estate listings and sales.
Historical Context
This trend is relevant for understanding the state of Pennsylvania's housing market and can inform policy decisions related to housing and urban development.
Key Facts
- The series has been tracked since 2015.
- Pennsylvania has seen steady increases in housing prices in recent years.
- Rising inventory with price increases can signal a shift towards a buyer's market.
FAQs
Q: What does this economic trend measure?
A: This trend measures the month-over-month change in the number of housing units listed for sale in Pennsylvania where the asking price has increased.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into housing market dynamics and price pressures in Pennsylvania, which is useful for economists, policymakers, and real estate professionals.
Q: How is this data collected or calculated?
A: The data is collected through surveys of real estate listings and sales.
Q: How is this trend used in economic policy?
A: This trend can inform policy decisions related to housing and urban development in Pennsylvania.
Q: Are there update delays or limitations?
A: The data is published monthly, but there may be some delays in reporting.
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Citation
U.S. Federal Reserve, Housing Inventory: Price Increased Count Month-Over-Month in Pennsylvania (PRIINCCOUMMPA), retrieved from FRED.