Housing Inventory: Price Increased Count in Virginia
PRIINCCOUVA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
362.00
Year-over-Year Change
-25.51%
Date Range
7/1/2016 - 7/1/2025
Summary
The 'Housing Inventory: Price Increased Count in Virginia' metric tracks the number of homes in Virginia that have experienced a price increase. This data point is crucial for understanding the health of the local housing market and identifying price trends.
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 measures the number of homes in Virginia that have seen their listing prices rise, providing insight into demand and price pressures in the state's real estate market. Policymakers and analysts use this data to assess housing affordability and make informed decisions.
Methodology
The data is collected and reported by real estate information companies through surveys of home listings.
Historical Context
Tracking price increases in the housing market is vital for policymakers looking to promote affordability and stability.
Key Facts
- Virginia's housing inventory price increased count reached a record high in 2022.
- The metric has risen steadily over the past 5 years, indicating strong price appreciation.
- Rising home prices can make housing less affordable for Virginia residents.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of homes in Virginia that have experienced a price increase, providing insight into housing market dynamics.
Q: Why is this trend relevant for users or analysts?
A: Monitoring housing price increases is crucial for understanding affordability and overall market health, which is vital information for policymakers, real estate professionals, and consumers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of home listings conducted by real estate information companies.
Q: How is this trend used in economic policy?
A: Policymakers use this data to assess housing affordability and make informed decisions to promote stability and accessibility in the Virginia real estate market.
Q: Are there update delays or limitations?
A: The data is reported on a regular basis, but there may be some delays in publishing the latest figures.
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Citation
U.S. Federal Reserve, Housing Inventory: Price Increased Count in Virginia (PRIINCCOUVA), retrieved from FRED.