Housing Inventory: New Listing Count in Illinois
NEWLISCOUIL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14,352.00
Year-over-Year Change
4.47%
Date Range
7/1/2016 - 7/1/2025
Summary
The Housing Inventory: New Listing Count in Illinois measures the number of new housing listings in the state. This metric is a key indicator of supply and demand in the local real estate 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 series tracks the number of newly listed homes for sale in Illinois. It provides valuable insights into housing market activity and trends that can inform decisions by home buyers, sellers, and real estate professionals.
Methodology
The data is collected through surveys of real estate brokers and agents.
Historical Context
Policymakers and market analysts monitor this metric to assess the health and dynamics of the Illinois housing market.
Key Facts
- The series began in January 2018.
- New listings reached a peak in June 2021.
- Inventory levels impact home prices and sales activity.
FAQs
Q: What does this economic trend measure?
A: The Housing Inventory: New Listing Count in Illinois measures the number of newly listed homes for sale in the state.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the supply and demand dynamics of the Illinois housing market, which is crucial information for home buyers, sellers, and real estate professionals.
Q: How is this data collected or calculated?
A: The data is collected through surveys of real estate brokers and agents.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts monitor this metric to assess the health and dynamics of the Illinois housing market, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly, but there may be slight delays in reporting due to the survey-based collection process.
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Citation
U.S. Federal Reserve, Housing Inventory: New Listing Count in Illinois (NEWLISCOUIL), retrieved from FRED.