Residential Property Prices for United Arab Emirates
QAEN628BIS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
175.38
Year-over-Year Change
42.19%
Date Range
1/1/2003 - 1/1/2024
Summary
The Residential Property Prices for United Arab Emirates index measures the change in residential real estate values in the UAE. This data is crucial for understanding the state of the UAE's housing market and broader economic conditions.
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 index tracks the prices of residential properties in the United Arab Emirates, providing insights into the performance of the country's real estate sector. Economists and policymakers use this data to analyze housing affordability, assess the health of the broader economy, and inform policy decisions.
Methodology
The data is collected and calculated by the Bank for International Settlements (BIS).
Historical Context
Residential property prices are a key indicator of economic activity and consumer confidence in the UAE.
Key Facts
- The UAE has experienced rapid urbanization and population growth in recent decades.
- Residential property prices in the UAE have seen significant fluctuations since the global financial crisis.
- The UAE government has introduced measures to stabilize the housing market and improve affordability.
FAQs
Q: What does this economic trend measure?
A: The Residential Property Prices for United Arab Emirates index measures the change in residential real estate values in the UAE.
Q: Why is this trend relevant for users or analysts?
A: This data is crucial for understanding the state of the UAE's housing market and broader economic conditions, as residential property prices are a key indicator of economic activity and consumer confidence.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Bank for International Settlements (BIS).
Q: How is this trend used in economic policy?
A: Economists and policymakers use this data to analyze housing affordability, assess the health of the broader economy, and inform policy decisions in the UAE.
Q: Are there update delays or limitations?
A: The data is subject to the release schedule and methodological changes of the Bank for International Settlements.
Related Trends
Value of Exports to United Arab Emirates from District of Columbia
DCAREA052SCEN
Value of Exports to United Arab Emirates from North Dakota
NDAREA052SCEN
Crude Oil Exports for United Arab Emirates
ARENXGOCMBD
Value of Exports to United Arab Emirates from Illinois
ILAREA052SCEN
Lerner Index in Banking Market for United Arab Emirates
DDOI04AEA066NWDB
Gross International Reserves Held by Central Bank for United Arab Emirates
AREFAFARUSD
Citation
U.S. Federal Reserve, Residential Property Prices for United Arab Emirates (QAEN628BIS), retrieved from FRED.