Housing Inventory: Pending Listing Count Month-Over-Month in Rhode Island
PENLISCOUMMRI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-4.59
Year-over-Year Change
-453.08%
Date Range
7/1/2017 - 7/1/2025
Summary
The 'Housing Inventory: Pending Listing Count Month-Over-Month in Rhode Island' metric tracks the month-over-month change in the number of pending home listings in the state of Rhode Island. This indicator provides insights into housing market activity and buyer 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 metric represents the monthly change in the number of homes listed as 'pending' on the real estate market in Rhode Island. Pending listings indicate properties that are under contract but have not yet closed. Analyzing this data helps economists and policymakers understand trends in housing supply and consumer behavior.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on listings information from real estate industry sources.
Historical Context
This housing market indicator is used by economists, policymakers, and real estate professionals to assess the strength of the residential real estate sector.
Key Facts
- The metric is reported on a monthly basis.
- It measures the change in pending home listings compared to the prior month.
- Rhode Island is the geographic area of focus for this indicator.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the month-over-month change in the number of pending home listings in the state of Rhode Island. Pending listings indicate properties that are under contract but have not yet closed.
Q: Why is this trend relevant for users or analysts?
A: Analyzing this data on pending home listings helps economists and policymakers understand trends in housing supply and consumer demand within the Rhode Island real estate market.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on listings information from real estate industry sources.
Q: How is this trend used in economic policy?
A: This housing market indicator is used by economists, policymakers, and real estate professionals to assess the strength of the residential real estate sector in Rhode Island.
Q: Are there update delays or limitations?
A: The metric is reported on a monthly basis, so there may be a short delay between the end of the reference month and the data release.
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Citation
U.S. Federal Reserve, Housing Inventory: Pending Listing Count Month-Over-Month in Rhode Island (PENLISCOUMMRI), retrieved from FRED.