Housing Inventory Estimate: Vacant Housing Units in the Midwest Census Region
EVACANTMWQ176N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,760.00
Year-over-Year Change
-6.82%
Date Range
4/1/2000 - 4/1/2025
Summary
The Housing Inventory Estimate: Vacant Housing Units in the Midwest Census Region tracks the number of unoccupied housing units in the Midwest. This metric is a key indicator of housing supply and demand dynamics in the region.
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 data series measures the total number of vacant housing units, including those for rent, for sale, rented or sold but not occupied, and units held off the market, in the Midwest Census Region of the United States. It provides insight into the overall housing inventory and potential imbalances between supply and demand.
Methodology
The data is collected through the U.S. Census Bureau's quarterly Housing Vacancy Survey.
Historical Context
Policymakers and housing market analysts use this metric to assess the health and stability of regional housing markets.
Key Facts
- The Midwest Census Region includes 12 states, including Illinois, Ohio, and Minnesota.
- Vacant housing units can include properties for rent, for sale, or held off the market.
- High vacancy rates may indicate an oversupply of housing, while low rates suggest tight inventory.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of vacant housing units in the Midwest Census Region of the United States.
Q: Why is this trend relevant for users or analysts?
A: The vacant housing units metric provides insight into the overall housing supply and demand dynamics in the Midwest, which is useful for policymakers, real estate professionals, and economists.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's quarterly Housing Vacancy Survey.
Q: How is this trend used in economic policy?
A: Policymakers and housing market analysts use this metric to assess the health and stability of regional housing markets, which can inform policy decisions and interventions.
Q: Are there update delays or limitations?
A: The data is released quarterly by the U.S. Census Bureau, so there may be a delay of several months between the reference period and the data publication.
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Citation
U.S. Federal Reserve, Housing Inventory Estimate: Vacant Housing Units in the Midwest Census Region (EVACANTMWQ176N), retrieved from FRED.