Home Vacancy Rate for Indiana
INHVAC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
-52.38%
Date Range
1/1/1986 - 1/1/2024
Summary
The Home Vacancy Rate for Indiana measures the percentage of vacant housing units in the state. This metric is important for policymakers and real estate analysts to understand housing market conditions and potential oversupply.
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 Home Vacancy Rate for Indiana represents the share of total housing units in the state that are vacant and not occupied. This trend provides insight into the supply and demand dynamics of the Indiana housing market, which is a key indicator for economic and demographic trends.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
The home vacancy rate is used to evaluate housing inventory, estimate rental demand, and inform economic and urban planning decisions.
Key Facts
- Indiana's home vacancy rate was 11.5% as of the latest data.
- Vacancy rates are typically higher in rural areas compared to urban centers.
- High vacancy can indicate oversupply and lack of demand in the housing market.
FAQs
Q: What does the Home Vacancy Rate for Indiana measure?
A: The Home Vacancy Rate for Indiana represents the percentage of total housing units in the state that are vacant and not occupied by residents.
Q: Why is the Indiana home vacancy rate relevant for users or analysts?
A: The home vacancy rate provides insight into housing supply and demand dynamics, which is important for real estate investment, urban planning, and economic policymaking.
Q: How is the Home Vacancy Rate for Indiana data collected?
A: The data is collected through the U.S. Census Bureau's American Community Survey.
Q: How is the Indiana home vacancy rate used in economic policy?
A: Policymakers and analysts use the home vacancy rate to evaluate housing inventory, estimate rental demand, and inform decisions around urban planning and economic development.
Q: Are there any update delays or limitations with the Home Vacancy Rate for Indiana data?
A: The American Community Survey data has a lag of several months, so the most recent home vacancy rate may not reflect the current housing market conditions.
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Citation
U.S. Federal Reserve, Home Vacancy Rate for Indiana (INHVAC), retrieved from FRED.