Housing Inventory: Price Reduced Count Month-Over-Month in Hawaii
PRIREDCOUMMHI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-10.91
Year-over-Year Change
-137.26%
Date Range
7/1/2017 - 7/1/2025
Summary
The 'Housing Inventory: Price Reduced Count Month-Over-Month in Hawaii' trend measures the change in the number of homes listed for sale in Hawaii that have had their prices reduced from the previous month. This data provides valuable insights into the state of the local housing 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 tracks the month-over-month change in the number of homes in Hawaii that have had their listing prices reduced. It offers a timely indicator of housing market conditions, as price reductions can signal shifts in buyer demand or seller pricing strategies.
Methodology
The data is collected by real estate industry analysts through surveys of local listings.
Historical Context
Economists and policymakers monitor this trend to gauge the health of the Hawaii housing market and inform policy decisions.
Key Facts
- Hawaii home prices have risen rapidly in recent years.
- Price reductions can signal a cooling housing market.
- This metric provides timely data on listing behavior.
FAQs
Q: What does this economic trend measure?
A: This trend measures the month-over-month change in the number of homes listed for sale in Hawaii that have had their prices reduced.
Q: Why is this trend relevant for users or analysts?
A: This metric offers insights into the state of the Hawaii housing market, as price reductions can signal shifts in buyer demand or seller pricing strategies.
Q: How is this data collected or calculated?
A: The data is collected by real estate industry analysts through surveys of local listings.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this trend to gauge the health of the Hawaii housing market and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is provided on a monthly basis, with typical delays of 4-6 weeks.
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Citation
U.S. Federal Reserve, Housing Inventory: Price Reduced Count Month-Over-Month in Hawaii (PRIREDCOUMMHI), retrieved from FRED.