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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.
Omair Sharif, founder of research firm Inflation Insights, called housing costs the "most encouraging aspect of this report" in an email on Wednesday. Sharif called the 0.3% monthly rent increase ...
A housing supply gap of 6.5 million homes. At its root, inflation is a result of an imbalance of supply and demand. In the housing market, weak inventory was a problem that existed prior to the ...
Nationally, CoreLogic’s most recent home-price analysis reports that home prices rose 5.3 percent from March 2023 to March 2024. It forecasts that the pace of price growth will ease up into the ...
Although hourly wages are more than keeping up with inflation, Americans are working fewer hours, causing weekly wages not to keep pace. Food inflation eases, housing costs continue to rise, data ...
The incredible surge in home prices is set to continue in Southern metros, a new projection says—here’s why housing market inflation will just keep running Alena Botros March 19, 2024 at 1:55 PM
Even so, housing’s share of the Consumer Price Index rose at an accelerated pace and was the largest contributor to the overall inflation rate, according to the National Association of Home ...
The latest inflation data showed price increases cooled in June, but housing costs remain stubbornly high for many Americans.. According to the Consumer Price Index (CPI) report released by the ...