An effort is made to acquire data for every year available from 1980 to present. 2 Refers to addition from 1999 Annual Report ans specifies which years of data are new in this update. Although data for these variables are typically made available annually, newe data were not yet available at the time this report was issued. Indexes have been derived for many variables in the 2000 Annual Report. Indexing is a common technique for characterizing economic time series data.
Index numbers measure how a variable changes over time relative to a pre-selected base period.
Median selling prices for homes have replaced mean selling prices in the 2000 Annual Report. In 1999, Pinelands municipalities continued to authorize more residential dwellings, on average, than the balance of Southern New Jersey and the State. Historically, median selling prices of homes remained slightly lower inside the Pinelands than the remainder of Southern New Jersey and significantly lower than the remainder of the State. In 1999, inflation adjusted median selling prices continued a moderate increase in all regions of New Jersey. Consumer demand for housing remained very strong in 1999.