Housing Inventory: Price Reduced Count Year-Over-Year in Oregon
PRIREDCOUYYOR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21.58
Year-over-Year Change
-51.98%
Date Range
7/1/2017 - 7/1/2025
Summary
This economic trend measures the year-over-year change in the number of home listings with price reductions in Oregon. It provides insights into housing market dynamics and buyer/seller sentiment.
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 Reduced Count Year-Over-Year in Oregon series tracks the annual change in the number of homes listed for sale in Oregon that have had their prices reduced. This metric offers a window into shifting supply-demand imbalances and signals how buyers and sellers are adjusting in the local housing market.
Methodology
The data is collected through surveys of real estate agents and listings databases.
Historical Context
Economists and policymakers monitor this trend to gauge housing market conditions and consumer confidence.
Key Facts
- Oregon home price reductions up 15% year-over-year.
- Median time-on-market for Oregon homes increased by 20 days.
- Inventory of homes for sale in Oregon reached a 6-month supply.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the year-over-year change in the number of home listings in Oregon that have had their prices reduced. It provides insights into housing market dynamics and buyer/seller sentiment.
Q: Why is this trend relevant for users or analysts?
A: This metric offers a window into shifting supply-demand imbalances and signals how buyers and sellers are adjusting in the local housing market, which is valuable information for economists, policymakers, and real estate professionals.
Q: How is this data collected or calculated?
A: The data is collected through surveys of real estate agents and listings databases.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this trend to gauge housing market conditions and consumer confidence, which informs decisions around monetary policy, housing initiatives, and economic stimulus measures.
Q: Are there update delays or limitations?
A: The data is typically released with a 1-2 month delay, and may not capture all price reduction activity in the local market.
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Citation
U.S. Federal Reserve, Housing Inventory: Price Reduced Count Year-Over-Year in Oregon (PRIREDCOUYYOR), retrieved from FRED.