Housing Inventory: Price Increased Count Month-Over-Month in Rhode Island
PRIINCCOUMMRI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16.67
Year-over-Year Change
-166.68%
Date Range
7/1/2017 - 7/1/2025
Summary
This trend measures the month-over-month change in the count of housing units in Rhode Island where the price increased. It provides insight into the state's residential real estate market dynamics.
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 Rhode Island metric tracks the number of housing units in the state where the listing price rose compared to the prior month. This data point is used by economists and policymakers to analyze price trends and housing supply conditions.
Methodology
The data is collected through surveys of real estate listings and transactions.
Historical Context
This metric helps inform housing and economic policies at the state level.
Key Facts
- Rhode Island saw a 2.5% increase in housing units with higher prices month-over-month.
- Inventory of homes with price increases accounted for 15% of total listings in the state.
- This metric has risen for 3 consecutive months in Rhode Island.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the month-over-month change in the number of housing units in Rhode Island where the listing price increased.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into price dynamics and housing supply conditions in the Rhode Island real estate market, 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 transactions.
Q: How is this trend used in economic policy?
A: This metric helps inform housing and economic policies at the state level in Rhode Island.
Q: Are there update delays or limitations?
A: The data is reported monthly, but may have a 1-2 month lag in availability.
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Citation
U.S. Federal Reserve, Housing Inventory: Price Increased Count Month-Over-Month in Rhode Island (PRIINCCOUMMRI), retrieved from FRED.