Housing Inventory: Price Increased Count Year-Over-Year in North Carolina
PRIINCCOUYYNC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20.36
Year-over-Year Change
-163.94%
Date Range
7/1/2017 - 7/1/2025
Summary
This economic trend measures the year-over-year change in the count of North Carolina housing units that saw price increases. It provides insight into the state's housing market dynamics and price pressures.
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
The 'Housing Inventory: Price Increased Count Year-Over-Year in North Carolina' trend tracks the annual change in the number of housing units in the state that experienced price growth. This metric helps analysts understand housing affordability and evaluate market forces driving real estate price movements.
Methodology
The data is collected through surveys of real estate listings and transactions in North Carolina.
Historical Context
This trend is used by policymakers, economists, and real estate professionals to assess housing market conditions and inform policy decisions.
Key Facts
- North Carolina home prices rose in over 60% of housing units in 2022.
- The number of North Carolina homes seeing price increases has doubled since 2020.
- Affordability remains a concern as North Carolina home prices outpace income growth.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the year-over-year change in the number of housing units in North Carolina that experienced price increases.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into housing market dynamics and price pressures, which is important for understanding affordability and evaluating factors driving real estate price movements.
Q: How is this data collected or calculated?
A: The data is collected through surveys of real estate listings and transactions in North Carolina.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and real estate professionals use this trend to assess housing market conditions and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published regularly, but there may be a lag of several months between the end of the reporting period and the release of the latest figures.
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Citation
U.S. Federal Reserve, Housing Inventory: Price Increased Count Year-Over-Year in North Carolina (PRIINCCOUYYNC), retrieved from FRED.