Housing Inventory Estimate: Vacant Housing Units Rented or Sold but Not Yet Occupied in the Northeast Census Region
ERNTSLDNEQ176N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
172.00
Year-over-Year Change
-35.58%
Date Range
4/1/2000 - 4/1/2025
Summary
This economic trend measures the number of vacant housing units in the Northeast Census Region that have been rented or sold but are not yet occupied. It provides insight into housing market dynamics and can inform economic policy decisions.
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: Vacant Housing Units Rented or Sold but Not Yet Occupied in the Northeast Census Region tracks the inventory of housing units that have been rented or sold but are awaiting occupancy. This data point is used by economists and policymakers to assess housing market conditions and predict future market activity.
Methodology
The data is collected through the U.S. Census Bureau's Housing Vacancy Survey.
Historical Context
This trend is relevant for understanding the supply and demand balance in the Northeast housing market, which can inform economic and policy decisions.
Key Facts
- The Northeast region includes CT, ME, MA, NH, NJ, NY, PA, RI, and VT.
- Vacant units that have been rented or sold but not yet occupied indicate future housing demand.
- This metric can signal changes in the housing market's supply and demand balance.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of vacant housing units in the Northeast Census Region that have been rented or sold but are not yet occupied.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into housing market dynamics and can inform economic policy decisions related to the supply and demand balance in the Northeast housing market.
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 trend is used by economists and policymakers to assess housing market conditions and predict future market activity in the Northeast region.
Q: Are there update delays or limitations?
A: The data is subject to the update schedule and potential limitations of the U.S. Census Bureau's Housing Vacancy Survey.
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Citation
U.S. Federal Reserve, Housing Inventory Estimate: Vacant Housing Units Rented or Sold but Not Yet Occupied in the Northeast Census Region (ERNTSLDNEQ176N), retrieved from FRED.