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Housing inflation continued to be sticky last month. The shelter component of the Consumer Price Index (CPI) increased 0.4% in November from the previous month, up from October's 0.3% monthly gain.
Here’s a peek into how inflation affects the housing market. The housing market and inflation The shelter category, which includes housing costs, continues to be a major contributor to the CPI ...
Housing costs are still a key driver of inflation, according to the latest data from the Bureau of Labor Statistics released Wednesday, even as the residential market stabilizes.. The shelter ...
The shelter component of the April Consumer Price Index (CPI) — which makes up a third of the overall inflation index — rose 0.4% month over month after rising 0.6% in March.
Inflation is coming down -- but it doesn't feel like it. Grocery stores are just as expensive, restaurants continue to raise prices, and the cost of living exactly the same way seems to go up, and ...
Mortgage rates and inflation have been compared to the market of the ... Monday illustrating how today’s housing market compares to that of 1995, when there were 3.85 million existing home sales ...
If one assumes that the housing market is efficient, the expected change in housing prices (relative to interest rates) can be computed mathematically. The calculation in the sidebox shows that a 1 percentage point change in interest rates would theoretically affect home prices by about 10% (given 2005 rates on fixed-rate mortgages).
Meanwhile, owners' equivalent rent also showed deceleration, falling 0.2% for the month, down from October’s 0.4% gain and marking the slowest monthly gain since April 2021.