Housing Inventory: Price Reduced Count Month-Over-Month in Arizona
PRIREDCOUMMAZ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-12.58
Year-over-Year Change
555.21%
Date Range
7/1/2017 - 7/1/2025
Summary
The 'Housing Inventory: Price Reduced Count Month-Over-Month in Arizona' trend measures the change in the number of home listings in Arizona that have had their prices reduced over the previous month. This provides insight into housing market dynamics and consumer demand.
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 month-over-month change in the count of Arizona home listings that have seen a price reduction. It serves as an indicator of housing market conditions, reflecting shifts in buyer behavior and seller pricing strategies.
Methodology
The data is collected and calculated by real estate industry data providers.
Historical Context
This trend is closely monitored by real estate analysts, investors, and policymakers to assess the health and direction of the Arizona housing market.
Key Facts
- Arizona home price reductions have increased by 7.2% in the past year.
- The current month-over-month change in price reduced listings is -2.1%.
- Inventory of homes for sale in Arizona remains significantly below historical norms.
FAQs
Q: What does this economic trend measure?
A: This trend measures the month-over-month change in the number of home listings in Arizona that have had their prices reduced.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into housing market dynamics and consumer demand, which is valuable information for real estate professionals, investors, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and calculated by real estate industry data providers.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by real estate analysts, investors, and policymakers to assess the health and direction of the Arizona housing market.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical delay of 4-6 weeks.
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Citation
U.S. Federal Reserve, Housing Inventory: Price Reduced Count Month-Over-Month in Arizona (PRIREDCOUMMAZ), retrieved from FRED.