Housing Inventory Estimate: Vacant Housing Units Held Off the Market and Vacant for Other Reasons in the Northeast Census Region
EOTHNEQ176N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
480.00
Year-over-Year Change
-8.05%
Date Range
4/1/2000 - 4/1/2025
Summary
This economic trend measures the number of vacant housing units held off the market or vacant for other reasons in the Northeast census region. It provides insights into the regional housing market and supply.
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 Housing Inventory Estimate tracks vacant housing units that are not on the market for sale or rent. This data is valuable for analyzing housing market dynamics and potential imbalances between supply and demand.
Methodology
The data is collected through the U.S. Census Bureau's Housing Vacancy Survey.
Historical Context
This metric is used by policymakers, economists, and real estate analysts to assess regional housing market conditions.
Key Facts
- The Northeast census region includes CT, ME, MA, NH, NJ, NY, PA, RI, and VT.
- Vacant housing units can be held off the market for various reasons, such as investment properties or homes undergoing renovation.
- Trends in this metric can indicate shifts in housing supply and potential imbalances between housing availability and demand.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of vacant housing units that are not currently on the market for sale or rent in the Northeast census region.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into regional housing market dynamics and potential imbalances between housing supply and demand, which is valuable information for policymakers, economists, and real estate analysts.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's Housing Vacancy Survey.
Q: How is this trend used in economic policy?
A: This metric is used by policymakers, economists, and real estate analysts to assess regional housing market conditions and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published quarterly, and there may be some delays in reporting due to the survey-based data collection process.
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Citation
U.S. Federal Reserve, Housing Inventory Estimate: Vacant Housing Units Held Off the Market and Vacant for Other Reasons in the Northeast Census Region (EOTHNEQ176N), retrieved from FRED.