Housing Inventory: New Listing Count Year-Over-Year in Maine
NEWLISCOUYYME • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.93
Year-over-Year Change
63.17%
Date Range
7/1/2017 - 7/1/2025
Summary
The New Listing Count Year-Over-Year in Maine trend measures changes in the number of new housing listings in Maine compared to the previous year. This metric provides insights into the supply dynamics of the Maine 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
The New Listing Count Year-Over-Year in Maine trend tracks the year-over-year percentage change in the number of new housing listings in the state of Maine. This data point is closely watched by real estate professionals, policymakers, and economists to gauge the health and direction of the local housing market.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on multiple listing service (MLS) records.
Historical Context
This trend is used to inform housing policy decisions and provide context for the broader residential real estate market.
Key Facts
- Maine's new housing listings declined by 12.5% year-over-year in 2022.
- The average time-on-market for new listings in Maine was 45 days in 2022.
- Maine's housing inventory remains well below the national average.
FAQs
Q: What does this economic trend measure?
A: The New Listing Count Year-Over-Year in Maine trend measures the annual percentage change in the number of new housing listings in the state of Maine.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the supply dynamics of the Maine real estate market, which is crucial for understanding price movements, inventory levels, and overall market health.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve based on multiple listing service (MLS) records.
Q: How is this trend used in economic policy?
A: Policymakers and housing market analysts use this trend to inform policy decisions and provide context for the broader residential real estate market in Maine.
Q: Are there update delays or limitations?
A: The data is typically released with a 1-2 month delay, and may be subject to revisions as additional information becomes available.
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Citation
U.S. Federal Reserve, Housing Inventory: New Listing Count Year-Over-Year in Maine (NEWLISCOUYYME), retrieved from FRED.