Home Price Sales Pair Counts for Phoenix, Arizona
PHXRPSNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9,244.00
Year-over-Year Change
4.15%
Date Range
1/1/1989 - 5/1/2025
Summary
The Home Price Sales Pair Counts for Phoenix, Arizona tracks the number of home sales transactions in the Phoenix metropolitan area. This metric provides valuable insights into the local housing market and economic 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 represents the total count of home sales transactions in the Phoenix, AZ metro area. It serves as a key indicator of local housing demand and market trends, which are important for real estate investors, policymakers, and economic analysts.
Methodology
The data is collected and aggregated by the U.S. Federal Reserve from various real estate industry sources.
Historical Context
Policymakers and market participants closely monitor this metric to assess the health of the Phoenix housing market and its broader economic implications.
Key Facts
- Phoenix is one of the fastest-growing metropolitan areas in the United States.
- Home sales are a leading indicator of economic activity and consumer confidence.
- The Phoenix housing market has experienced significant volatility in recent years.
FAQs
Q: What does this economic trend measure?
A: The Home Price Sales Pair Counts for Phoenix, Arizona tracks the total number of home sales transactions in the Phoenix metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the local housing market and economic activity, which are important for real estate investors, policymakers, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected and aggregated by the U.S. Federal Reserve from various real estate industry sources.
Q: How is this trend used in economic policy?
A: Policymakers and market participants closely monitor this metric to assess the health of the Phoenix housing market and its broader economic implications.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates and may have a short delay in reflecting the most recent market conditions.
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Citation
U.S. Federal Reserve, Home Price Sales Pair Counts for Phoenix, Arizona (PHXRPSNSA), retrieved from FRED.