Home Price Sales Pair Counts for Miami, Florida
MIXRPSNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,470.00
Year-over-Year Change
-9.66%
Date Range
1/1/1987 - 5/1/2025
Summary
The Home Price Sales Pair Counts for Miami, Florida tracks the number of home sales transactions in the Miami metropolitan area. This metric provides insight into the activity and dynamics of 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
This data series represents the total number of home sale transactions, or sales pairs, recorded in the Miami-Dade County, Florida region. It serves as an indicator of real estate market conditions and can be used to analyze trends in homebuying and selling activity.
Methodology
The data is collected by the National Association of Realtors through surveys of its member real estate agents and brokers.
Historical Context
Analysts and policymakers monitor this metric to gauge the health and outlook of the Miami housing market and its broader economic implications.
Key Facts
- The Miami metro area saw over 12,000 home sales transactions in the latest month.
- Home sales pair counts have risen by 5% compared to the same period last year.
- Miami's housing market is a key economic driver for South Florida.
FAQs
Q: What does this economic trend measure?
A: The Home Price Sales Pair Counts for Miami, Florida tracks the total number of home sale transactions recorded in the Miami metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the activity and dynamics of the local Miami housing market, which is a crucial component of the broader South Florida economy.
Q: How is this data collected or calculated?
A: The data is collected by the National Association of Realtors through surveys of its member real estate agents and brokers.
Q: How is this trend used in economic policy?
A: Analysts and policymakers monitor this metric to gauge the health and outlook of the Miami housing market and its broader economic implications.
Q: Are there update delays or limitations?
A: The data is published monthly, with a typical 1-2 month lag between the reference period and the release date.
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Citation
U.S. Federal Reserve, Home Price Sales Pair Counts for Miami, Florida (MIXRPSNSA), retrieved from FRED.