Housing Inventory: Median Home Size in Square Feet Month-Over-Month in Delaware
MEDSQUFEEMMDE • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.25
Year-over-Year Change
-335.85%
Date Range
7/1/2017 - 7/1/2025
Summary
This economic trend measures the median size of new single-family homes in square feet on a month-over-month basis in the state of Delaware. It provides insights into the housing market and consumer preferences.
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 Delaware metric tracks the changes in the median size of newly constructed single-family homes in Delaware over time. This data point is useful for economists and policymakers to understand consumer demand and housing industry trends in the state.
Methodology
The data is collected and calculated by the U.S. Census Bureau based on surveys of new home construction.
Historical Context
This metric is relevant for analyzing the state of the housing market and consumer preferences in Delaware.
Key Facts
- The median size of new single-family homes in Delaware was 2,200 square feet in 2021.
- Home sizes have increased by 5% on average over the past decade in Delaware.
- Larger home sizes can indicate rising consumer purchasing power and preferences.
FAQs
Q: What does this economic trend measure?
A: This trend measures the median size of newly constructed single-family homes in square feet on a month-over-month basis in the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into consumer preferences and the state of the housing market in Delaware, which is useful for economists, policymakers, and real estate industry participants.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau based on surveys of new home construction.
Q: How is this trend used in economic policy?
A: This trend can inform housing and economic policies at the state level in Delaware, as well as provide context for broader national housing market analyses.
Q: Are there update delays or limitations?
A: The data is published monthly, but there may be a 1-2 month delay in the most recent figures being available.
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Citation
U.S. Federal Reserve, Housing Inventory: Median Home Size in Square Feet Month-Over-Month in Delaware (MEDSQUFEEMMDE), retrieved from FRED.