Existing Single-Family Home Sales in Midwest Census Region
EXSFHSUSMWM495S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
900,000.00
Year-over-Year Change
2.27%
Date Range
6/1/2024 - 6/1/2025
Summary
This economic indicator tracks the monthly sales of existing single-family homes in the Midwest Census Region of the United States. It provides insight into the health of the regional housing market and consumer demand.
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 Existing Single-Family Home Sales in Midwest Census Region measure the number of completed transactions for previously occupied, stand-alone residential properties within the Midwest region. This data is used by economists and policymakers to assess regional housing activity and consumer confidence.
Methodology
The data is collected and published monthly by the U.S. Census Bureau based on a survey of real estate agents and brokers.
Historical Context
This regional housing indicator is closely watched for its implications on the broader economy, consumer spending, and Federal Reserve policy decisions.
Key Facts
- The Midwest region includes 12 states, from Ohio to the Dakotas.
- Home sales data is a leading indicator of economic activity.
- Sales volumes can fluctuate seasonally due to weather and holidays.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the monthly sales of existing single-family homes in the Midwest Census Region of the United States.
Q: Why is this trend relevant for users or analysts?
A: The Existing Single-Family Home Sales data provides insight into the health of the regional housing market and consumer demand, which has implications for the broader economy.
Q: How is this data collected or calculated?
A: The data is collected and published monthly by the U.S. Census Bureau based on a survey of real estate agents and brokers.
Q: How is this trend used in economic policy?
A: This regional housing indicator is closely watched by economists and policymakers, as it can inform Federal Reserve decisions and assessments of consumer confidence and spending.
Q: Are there update delays or limitations?
A: The data is published monthly, but there may be lags in reporting as the survey is conducted.
Related Trends
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New Privately Owned Housing Completions Average Square Feet of Floor Area for One-Family Units in the Midwest Census Region
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Consumer Unit Characteristics: Percent Elementary (1-8) by Region: Residence in the Midwest Census Region
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Civilian Labor Force in Midwest Census Region
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Citation
U.S. Federal Reserve, Existing Single-Family Home Sales in Midwest Census Region (EXSFHSUSMWM495S), retrieved from FRED.