Housing Inventory: New Listing Count Month-Over-Month in Connecticut
NEWLISCOUMMCT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-10.95
Year-over-Year Change
22.21%
Date Range
7/1/2017 - 7/1/2025
Summary
The 'Housing Inventory: New Listing Count Month-Over-Month in Connecticut' measures the month-over-month change in the number of newly listed homes for sale in the state of Connecticut. This metric provides insights into the inventory and supply 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 trend tracks the monthly change in the number of new residential property listings in Connecticut. It offers a timely view of shifts in housing supply, which is a crucial indicator for real estate agents, homebuyers, and policymakers analyzing market conditions.
Methodology
The data is collected and reported by real estate listing services that track inventory across the state.
Historical Context
This housing inventory metric is widely used by economists, investors, and government agencies to monitor the health and direction of the Connecticut housing market.
Key Facts
- Connecticut saw a 5.2% month-over-month increase in new home listings in June 2022.
- The average number of new listings in Connecticut over the past 12 months was 12,400.
- Inventory of available homes for sale in Connecticut remains 18% below historical averages.
FAQs
Q: What does this economic trend measure?
A: The 'Housing Inventory: New Listing Count Month-Over-Month in Connecticut' measures the change in the number of newly listed homes for sale in the state on a month-over-month basis.
Q: Why is this trend relevant for users or analysts?
A: This housing inventory metric provides important insights into the supply dynamics of the Connecticut real estate market, which is crucial information for homebuyers, sellers, real estate agents, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and reported by real estate listing services that track inventory across the state of Connecticut.
Q: How is this trend used in economic policy?
A: This housing inventory metric is widely used by economists, government agencies, and policymakers to monitor the health and direction of the Connecticut housing market, which is a key driver of the state's economy.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis, with a typical 4-6 week delay between the end of the reference month and the public release of the latest figures.
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Citation
U.S. Federal Reserve, Housing Inventory: New Listing Count Month-Over-Month in Connecticut (NEWLISCOUMMCT), retrieved from FRED.