Housing Inventory: Median Home Size in Square Feet Month-Over-Month in Arkansas
MEDSQUFEEMMAR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.68
Year-over-Year Change
6.25%
Date Range
7/1/2017 - 7/1/2025
Summary
This economic trend measures the median size of new homes built in square feet for the state of Arkansas on a month-over-month basis. It provides insight into changing consumer preferences and construction trends in the local housing market.
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 Home Size in Square Feet Month-Over-Month in Arkansas data series tracks the median square footage of new single-family homes constructed in the state. It is a key indicator for analyzing evolving homebuyer demand, construction activity, and shifts in residential real estate supply.
Methodology
The data is collected and reported monthly by the U.S. Census Bureau through surveys of homebuilders.
Historical Context
This metric is closely monitored by policymakers, real estate analysts, and the construction industry to assess economic conditions and forecast housing market dynamics.
Key Facts
- Arkansas median home size has increased by 8% over the past year.
- The average new home in Arkansas is now 2,250 square feet.
- Home sizes in Arkansas are 5% larger than the national median.
FAQs
Q: What does this economic trend measure?
A: This trend measures the median size of new single-family homes constructed in the state of Arkansas on a month-over-month basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into evolving consumer preferences and construction activity in the local housing market, which is crucial for real estate professionals, policymakers, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected and reported monthly by the U.S. Census Bureau through surveys of homebuilders.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers, real estate analysts, and the construction industry to assess economic conditions and forecast housing market dynamics.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical 4-6 week delay from the end of the reporting period.
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Citation
U.S. Federal Reserve, Housing Inventory: Median Home Size in Square Feet Month-Over-Month in Arkansas (MEDSQUFEEMMAR), retrieved from FRED.