Chain-Type Quantity Index for Real GDP: Real Estate and Rental and Leasing (53) in Wisconsin
Quarterly, Seasonally Adjusted
WIRERENTLEAQQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
112.22
Year-over-Year Change
7.69%
Date Range
1/1/2005 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted series measures the median asking rent for vacant for-rent housing units in the United States. This metric provides important insights into the housing market and rental costs faced by consumers.
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 Quarterly, Seasonally Adjusted series tracks the median rent asked for vacant rental properties across the country on a quarterly basis. This data is a key indicator of housing affordability and can inform decisions by policymakers, real estate investors, and households.
Methodology
The data is collected through the U.S. Census Bureau's Housing Vacancy Survey.
Historical Context
Rental price trends are closely monitored by the Federal Reserve and other economic institutions to assess inflationary pressures and housing market conditions.
Key Facts
- The median asking rent reached a record high of $1,126 in Q4 2022.
- Rents have increased by over 20% since the start of the COVID-19 pandemic.
- The West and South regions have seen the fastest rent growth in recent years.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted series tracks the median asking rent for vacant for-rent housing units in the United States on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: Rental price trends are a key indicator of housing affordability and can provide important insights into consumer inflation, the health of the housing market, and the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's Housing Vacancy Survey.
Q: How is this trend used in economic policy?
A: Rental price data is closely monitored by the Federal Reserve and other economic institutions to assess inflationary pressures and housing market conditions, which informs monetary policy decisions.
Q: Are there update delays or limitations?
A: The Quarterly, Seasonally Adjusted series is published with a lag of approximately one quarter, and may be subject to revisions as additional data becomes available.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (WIRERENTLEAQQGSP), retrieved from FRED.