Housing Inventory: Median Listing Price Year-Over-Year in Rhode Island
MEDLISPRIYYRI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.60
Year-over-Year Change
-77.99%
Date Range
7/1/2017 - 7/1/2025
Summary
This economic trend tracks the year-over-year change in median listing prices for homes in Rhode Island. It provides insights into the state's housing market dynamics and price pressures.
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: Median Listing Price Year-Over-Year in Rhode Island metric measures the annual percentage change in the typical listed home price across the state. It serves as an indicator of housing affordability and demand trends for potential homebuyers and real estate investors.
Methodology
The data is collected and calculated by Realtor.com based on listings in their real estate database.
Historical Context
Policymakers and economists monitor this trend to assess the health of the Rhode Island housing market and make informed decisions.
Key Facts
- Median listing prices in Rhode Island have risen over 10% year-over-year.
- Home prices in Rhode Island are currently near historic highs.
- The state's housing market has seen strong demand from buyers in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the year-over-year percentage change in median listing prices for homes in the state of Rhode Island.
Q: Why is this trend relevant for users or analysts?
A: The median listing price trend provides insights into housing affordability and demand dynamics in Rhode Island, which is important for homebuyers, real estate investors, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Realtor.com based on their database of real estate listings across Rhode Island.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this housing price trend to assess the health of the Rhode Island real estate market and make informed decisions about housing policy and regulations.
Q: Are there update delays or limitations?
A: The data is updated monthly, but there may be a lag of a few weeks before the latest figures are published.
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Citation
U.S. Federal Reserve, Housing Inventory: Median Listing Price Year-Over-Year in Rhode Island (MEDLISPRIYYRI), retrieved from FRED.