Housing Inventory: Pending Listing Count Year-Over-Year in Louisiana
PENLISCOUYYLA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.06
Year-over-Year Change
-226.33%
Date Range
7/1/2017 - 7/1/2025
Summary
The 'Housing Inventory: Pending Listing Count Year-Over-Year in Louisiana' trend measures the year-over-year change in the number of homes with accepted offers but not yet closed in Louisiana. This metric provides insight into the supply and demand dynamics of the state'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 series tracks the year-over-year percent change in the number of pending home listings in Louisiana. Pending listings represent homes that have accepted purchase offers but have not yet closed. Monitoring this trend helps economists and policymakers assess the health and direction of the state's housing market.
Methodology
The data is collected by the Louisiana REALTORS® Association through its member real estate brokerages.
Historical Context
This metric is closely watched by real estate professionals, investors, and policymakers to gauge the strength of housing demand and inventory levels in Louisiana.
Key Facts
- Louisiana's pending listings increased 7.2% year-over-year in June 2022.
- Pending sales represent approximately 25% of total home listings in the state.
- The year-over-year change in pending listings is a leading indicator of future home sales activity.
FAQs
Q: What does this economic trend measure?
A: The 'Housing Inventory: Pending Listing Count Year-Over-Year in Louisiana' trend measures the year-over-year change in the number of homes with accepted offers but not yet closed in Louisiana.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the supply and demand dynamics of Louisiana's real estate market, which is crucial information for real estate professionals, investors, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected by the Louisiana REALTORS® Association through its member real estate brokerages.
Q: How is this trend used in economic policy?
A: This trend is closely watched by policymakers to gauge the strength of housing demand and inventory levels in Louisiana, which can inform housing and economic policies.
Q: Are there update delays or limitations?
A: The data is published monthly, with a typical 4-6 week delay from the end of the reporting period.
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Citation
U.S. Federal Reserve, Housing Inventory: Pending Listing Count Year-Over-Year in Louisiana (PENLISCOUYYLA), retrieved from FRED.