New One Family Houses for Sale for the Midwest Census Region
HNFSMW • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
52.00
Year-over-Year Change
26.83%
Date Range
1/1/1973 - 6/1/2025
Summary
The 'New One Family Houses for Sale for the Midwest Census Region' indicator tracks the number of new single-family homes for sale in the Midwest region of the United States. This metric is a key barometer of housing market activity and economic conditions.
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 series measures the inventory of new, unoccupied single-family homes listed for sale in the Midwest region. It provides insight into the supply-demand dynamics of the regional housing market, a critical component of overall economic health.
Methodology
The data is collected through a survey of homebuilders and real estate agents by the U.S. Census Bureau.
Historical Context
Policymakers and analysts monitor this trend to assess the strength of the Midwest housing market and broader regional economic performance.
Key Facts
- The Midwest region includes 12 states from Ohio to the Dakotas.
- New home sales represent about 10-15% of total U.S. home sales.
- Housing construction is a key driver of economic growth and employment.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the inventory of newly constructed, unoccupied single-family homes listed for sale in the Midwest region of the United States.
Q: Why is this trend relevant for users or analysts?
A: New home sales are an important leading indicator of broader economic activity, providing insight into housing market dynamics, consumer confidence, and regional economic performance.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of homebuilders and real estate agents by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this regional housing market indicator to assess the strength of the Midwest economy and inform decisions around monetary, fiscal, and housing policies.
Q: Are there update delays or limitations?
A: The data is released monthly with a lag of approximately 2-3 weeks. It may not fully capture rapid changes in the housing market.
Related Trends
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Expenditures: Medical Services by Region: Residence in the Midwest Census Region
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Projected Business Formations Within Four Quarters: Total for All NAICS in Midwest Census Region
BFPBF4QTOTALSAMW
Consumer Unit Characteristics: Number of Earners by Region: Residence in the Midwest Census Region
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Producer Price Index by Industry: New Nonresidential Building Construction by Contractor Type/Region: Poured Concrete Foundation and Structure Contractors for Midwest Census Region
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Expenditures: Fats and Oils by Region: Residence in the Midwest Census Region
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Citation
U.S. Federal Reserve, New One Family Houses for Sale for the Midwest Census Region (HNFSMW), retrieved from FRED.