Financial Market: Real Effective Exchange Rates: Unit Labor Costs Based for Estonia
Annual
CCRETT02EEA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
132.77
Year-over-Year Change
51.38%
Date Range
1/1/1997 - 1/1/2024
Summary
The Annual trend measures the annual rate of change in real estate prices in Europe. It provides important insights into the health and dynamics of the European real estate market.
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 trend tracks the year-over-year percentage change in real estate prices across Europe. This data is widely used by economists, policymakers, and real estate industry analysts to gauge the performance and trajectory of the European real estate market.
Methodology
The data is calculated from surveys and other official real estate price indices collected by Eurostat.
Historical Context
The Annual trend is a key indicator for evaluating the overall condition of the European economy and its real estate sector.
Key Facts
- Tracks year-over-year change in European real estate prices
- Provides insight into the health of the European real estate market
- Used by economists and policymakers to gauge economic conditions
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the annual rate of change in real estate prices across Europe.
Q: Why is this trend relevant for users or analysts?
A: This trend is widely used by economists, policymakers, and real estate industry analysts to gauge the performance and trajectory of the European real estate market.
Q: How is this data collected or calculated?
A: The data is calculated from surveys and other official real estate price indices collected by Eurostat.
Q: How is this trend used in economic policy?
A: The Annual trend is a key indicator for evaluating the overall condition of the European economy and its real estate sector, informing economic policies and market decisions.
Q: Are there update delays or limitations?
A: The data is published regularly by Eurostat, with some potential for minor delays in reporting.
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Citation
U.S. Federal Reserve, Annual (CCRETT02EEA661N), retrieved from FRED.