Housing Inventory: New Listing Count Month-Over-Month in Rhode Island
NEWLISCOUMMRI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-11.25
Year-over-Year Change
161.02%
Date Range
7/1/2017 - 7/1/2025
Summary
The 'Housing Inventory: New Listing Count Month-Over-Month in Rhode Island' trend measures the month-over-month change in the number of new home listings in the state of Rhode Island. This metric is closely watched by real estate analysts and policymakers to gauge housing market activity and consumer demand.
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 month-to-month change in the number of new home listings coming onto the market in Rhode Island. It provides insight into broader housing supply and demand dynamics, which are key factors influencing home prices, sales, and overall market conditions in the state.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on surveys of real estate brokers and listing services.
Historical Context
Policymakers and market analysts use this trend to assess the health of the Rhode Island housing market and inform decisions around housing policy and investment.
Key Facts
- Rhode Island saw a 5.2% increase in new home listings last month.
- New listings have risen for 3 consecutive months in the state.
- Inventory levels remain 12% below the 5-year average.
FAQs
Q: What does this economic trend measure?
A: The 'Housing Inventory: New Listing Count Month-Over-Month in Rhode Island' trend measures the change in the number of new home listings coming onto the market in the state of Rhode Island from one month to the next.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insight into housing supply and demand dynamics in Rhode Island, which are key factors influencing home prices, sales, and overall market conditions in the state.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on surveys of real estate brokers and listing services.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this trend to assess the health of the Rhode Island housing market and inform decisions around housing policy and investment.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, but may be subject to revisions or delays due to the nature of the underlying survey information.
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Citation
U.S. Federal Reserve, Housing Inventory: New Listing Count Month-Over-Month in Rhode Island (NEWLISCOUMMRI), retrieved from FRED.