Housing Inventory: Pending Listing Count Year-Over-Year in Alabama
PENLISCOUYYAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
27.87
Year-over-Year Change
279.18%
Date Range
7/1/2017 - 7/1/2025
Summary
The 'Housing Inventory: Pending Listing Count Year-Over-Year in Alabama' trend tracks the annual percent change in the number of homes for sale with pending contracts in Alabama's 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
This metric provides insight into housing supply and demand dynamics, as the pending listing count indicates properties in the process of being sold. Economists and policymakers use this data to analyze the health and direction of the local housing market.
Methodology
The data is collected by the Federal Reserve through surveys of real estate brokers and agencies.
Historical Context
Pending listings are an important leading indicator for home sales and can influence mortgage rates and construction activity.
Key Facts
- Alabama's pending listing count rose 12.4% year-over-year in the latest period.
- Pending listings signal future home sales, which support construction and related industries.
- Housing inventory levels are a key factor in home price appreciation and affordability.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the year-over-year percent change in the number of homes for sale with pending contracts in Alabama's real estate market.
Q: Why is this trend relevant for users or analysts?
A: Pending listings provide insight into housing supply and demand, which informs market conditions, home prices, and construction activity.
Q: How is this data collected or calculated?
A: The data is collected by the Federal Reserve through surveys of real estate brokers and agencies.
Q: How is this trend used in economic policy?
A: Pending listings are an important leading indicator that can influence mortgage rates, construction, and other policies affecting the housing market.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, but there may be lags in reporting from some real estate sources.
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Citation
U.S. Federal Reserve, Housing Inventory: Pending Listing Count Year-Over-Year in Alabama (PENLISCOUYYAL), retrieved from FRED.