Housing Inventory: Price Reduced Count Year-Over-Year in Wisconsin
PRIREDCOUYYWI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24.42
Year-over-Year Change
-42.32%
Date Range
7/1/2017 - 7/1/2025
Summary
The 'Housing Inventory: Price Reduced Count Year-Over-Year in Wisconsin' trend tracks the year-over-year change in the number of home listings with price reductions in the state of Wisconsin. This metric provides insight into housing market dynamics and consumer demand.
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 data series measures the annual percentage change in the count of Wisconsin home listings that have had their prices reduced. It is a leading indicator of housing market activity and buyer sentiment, as price reductions often signal a slowing in demand or oversupply of inventory.
Methodology
The data is collected and calculated by real estate research firms through analysis of listing information from the Wisconsin Multiple Listing Service.
Historical Context
Economists and policymakers monitor this trend to gauge the health of the Wisconsin housing market and make informed decisions about economic and housing policies.
Key Facts
- Price reductions signal softening housing demand.
- Wisconsin home prices have risen steadily in recent years.
- Inventory data helps predict future home sales activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year change in the number of home listings in Wisconsin that have had their prices reduced.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into housing market dynamics and consumer demand, as price reductions often signal a slowing in demand or oversupply of inventory.
Q: How is this data collected or calculated?
A: The data is collected and calculated by real estate research firms through analysis of listing information from the Wisconsin Multiple Listing Service.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this trend to gauge the health of the Wisconsin housing market and make informed decisions about economic and housing policies.
Q: Are there update delays or limitations?
A: The data may be subject to revisions and updates can lag due to the time required to collect and analyze the listing information.
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Citation
U.S. Federal Reserve, Housing Inventory: Price Reduced Count Year-Over-Year in Wisconsin (PRIREDCOUYYWI), retrieved from FRED.