Housing Inventory: Pending Listing Count Month-Over-Month in South Carolina
PENLISCOUMMSC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-6.75
Year-over-Year Change
17.80%
Date Range
7/1/2017 - 7/1/2025
Summary
The 'Housing Inventory: Pending Listing Count Month-Over-Month in South Carolina' trend measures the monthly change in the number of homes listed for sale but not yet under contract in the state of South Carolina. This metric provides insights into the supply-demand 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 represents the month-over-month change in the number of residential properties that are actively listed for sale but have not yet entered a binding sales contract in South Carolina. It is an important leading indicator of housing market activity and can signal shifts in buyer and seller sentiment.
Methodology
The data is collected and calculated by the U.S. Federal Reserve using information from local real estate listings and sales records.
Historical Context
Policymakers and economists closely monitor this trend to assess the health of the South Carolina housing market and make informed decisions.
Key Facts
- South Carolina pending home listings increased by 2.5% month-over-month in April 2023.
- Pending home sales are a leading indicator of future home closings.
- Rapid changes in pending listings can signal shifts in buyer and seller confidence.
FAQs
Q: What does this economic trend measure?
A: This trend measures the month-over-month change in the number of residential properties that are actively listed for sale but have not yet entered a binding sales contract in South Carolina.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the supply-demand dynamics of the local housing market and can signal shifts in buyer and seller sentiment, making it an important leading indicator for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve using information from local real estate listings and sales records.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this trend to assess the health of the South Carolina housing market and make informed decisions.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis, with a slight delay to allow for the collection and processing of the underlying real estate information.
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Citation
U.S. Federal Reserve, Housing Inventory: Pending Listing Count Month-Over-Month in South Carolina (PENLISCOUMMSC), retrieved from FRED.