Total Credit to Households and NPISHs, Adjusted for Breaks, for Australia
Billions of US Dollars
QAUHAMUSDA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,890.97
Year-over-Year Change
0.58%
Date Range
10/1/1977 - 10/1/2024
Summary
The 'Billions of US Dollars' economic trend measures the total value of U.S. housing units. It is a key indicator of the health and size of the U.S. residential real estate 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
The 'Billions of US Dollars' series tracks the total dollar value of all owner-occupied and rental housing units in the United States. This metric provides insight into the overall scale and valuation of the U.S. housing stock, a critical component of household wealth and economic activity.
Methodology
The data is calculated by the U.S. Federal Reserve using information from the U.S. Census Bureau and other government sources.
Historical Context
Policymakers and analysts monitor this trend to assess the state of the U.S. housing market and its impact on the broader economy.
Key Facts
- The total value of U.S. housing units reached a record high in 2022.
- Home prices have risen rapidly in recent years, contributing to the increase in total housing value.
- The housing sector is a significant driver of economic activity and household wealth in the United States.
FAQs
Q: What does this economic trend measure?
A: The 'Billions of US Dollars' trend measures the total dollar value of all owner-occupied and rental housing units in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the overall scale and valuation of the U.S. housing stock, which is a critical component of household wealth and economic activity.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve using information from the U.S. Census Bureau and other government sources.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to assess the state of the U.S. housing market and its impact on the broader economy.
Q: Are there update delays or limitations?
A: The data is updated quarterly by the Federal Reserve, with a typical delay of 1-2 months.
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Citation
U.S. Federal Reserve, Billions of US Dollars (QAUHAMUSDA), retrieved from FRED.