Gross Domestic Product: Real Estate and Rental and Leasing (53) in Alabama
Annual, Not Seasonally Adjusted
ALRERENTLEANGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
37,456.40
Year-over-Year Change
76.34%
Date Range
1/1/1997 - 1/1/2024
Summary
The Annual, Not Seasonally Adjusted series measures the average rent for leased single-family homes in the United States. This data provides insights into the rental housing market and is closely watched by economists and policymakers.
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 Annual, Not Seasonally Adjusted series tracks the average rent for leased single-family homes across the U.S. This metric offers a broad view of rental market trends, which is valuable for understanding housing affordability and the overall state of the economy.
Methodology
The data is collected through surveys of property owners and managers.
Historical Context
This rent data informs decisions by policymakers, investors, and consumers.
Key Facts
- Rents have risen steadily in recent years.
- Single-family home rentals make up a significant portion of the U.S. housing market.
- Rental data is a key input for assessing inflation and the health of the economy.
FAQs
Q: What does this economic trend measure?
A: The Annual, Not Seasonally Adjusted series tracks the average rent for leased single-family homes in the United States.
Q: Why is this trend relevant for users or analysts?
A: This rent data provides valuable insights into the housing market and overall economic conditions, informing decisions by policymakers, investors, and consumers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of property owners and managers.
Q: How is this trend used in economic policy?
A: This rent data is used by economists and policymakers to assess housing affordability and the broader state of the economy.
Q: Are there update delays or limitations?
A: The data is published annually, with some delay in reporting.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (ALRERENTLEANGSP), retrieved from FRED.