Housing Inventory: Pending Listing Count Month-Over-Month in Delaware
PENLISCOUMMDE • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-4.62
Year-over-Year Change
-19.09%
Date Range
7/1/2017 - 7/1/2025
Summary
The 'Housing Inventory: Pending Listing Count Month-Over-Month in Delaware' trend measures the change in the number of homes in Delaware that are under contract but not yet sold. This metric provides insight into the state's housing market dynamics and future home sales activity.
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-over-month percentage change in the number of pending home listings in Delaware. Pending listings represent homes that have entered into a sales contract but have not yet closed. This indicator helps analysts and policymakers assess the health and direction of the state's residential real estate market.
Methodology
The data is collected and calculated by the U.S. Federal Reserve from multiple state and local housing market sources.
Historical Context
Trends in pending home listings are closely monitored by real estate professionals, mortgage lenders, and economic policymakers to anticipate future home sales and overall housing market conditions.
Key Facts
- Delaware's pending home listings increased by 2.5% in the latest month.
- Pending listings signal future home sales, a key driver of the state's economy.
- Monitoring this trend helps analysts predict future housing market activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the month-over-month change in the number of homes in Delaware that are under contract but have not yet closed.
Q: Why is this trend relevant for users or analysts?
A: Pending home listings provide an indicator of future home sales activity, which is a critical component of the housing market and broader economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve from various state and local housing market sources.
Q: How is this trend used in economic policy?
A: Trends in pending home listings are closely monitored by real estate professionals, mortgage lenders, and economic policymakers to anticipate future home sales and overall housing market conditions.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis, but may be subject to revision as additional information becomes available.
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Citation
U.S. Federal Reserve, Housing Inventory: Pending Listing Count Month-Over-Month in Delaware (PENLISCOUMMDE), retrieved from FRED.