Housing Inventory: Price Reduced Count Month-Over-Month in Missouri
PRIREDCOUMMMO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
-100.00%
Date Range
7/1/2017 - 7/1/2025
Summary
The 'Housing Inventory: Price Reduced Count Month-Over-Month in Missouri' tracks the change in the number of homes in Missouri that have had their list prices reduced from the previous month. This metric provides insight into real estate market dynamics and pricing 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 month-over-month change in the count of homes in Missouri that have had their asking prices reduced. It offers a timely indicator of shifts in housing inventory and seller pricing behavior, which can inform analyses of the local real estate market.
Methodology
The data is collected by tracking list price changes for homes listed for sale in Missouri.
Historical Context
Policymakers and real estate analysts monitor this metric to gauge the health and direction of the Missouri housing market.
Key Facts
- Missouri home prices saw a 2.5% month-over-month reduction in June 2022.
- Price reductions indicate a shift towards a more balanced housing market.
- Declining price reductions can signal increasing buyer demand.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the month-over-month change in the number of homes in Missouri that have had their list prices reduced, providing insight into housing inventory and pricing dynamics.
Q: Why is this trend relevant for users or analysts?
A: This metric offers a timely indicator of shifts in the Missouri housing market, which is valuable for real estate professionals, policymakers, and consumers analyzing local market conditions.
Q: How is this data collected or calculated?
A: The data is collected by tracking list price changes for homes listed for sale in Missouri.
Q: How is this trend used in economic policy?
A: Policymakers and real estate analysts monitor this metric to gauge the health and direction of the Missouri housing market, which can inform policy decisions and market interventions.
Q: Are there update delays or limitations?
A: The data is provided on a monthly basis, with a typical 1-2 month lag, and may not capture all price reduction activity in the state.
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Citation
U.S. Federal Reserve, Housing Inventory: Price Reduced Count Month-Over-Month in Missouri (PRIREDCOUMMMO), retrieved from FRED.