top of page
Search
  • Metro East REIA

Housing Costs are the Leading Increase in Inflation

The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was up 0.4% in February, 2023. The all items index was up 6% for the 12 months ending in February. Interestingly, the BLS says The index for shelter was the largest contributor to the monthly all items increase, accounting for over 70% of the increase. Continue reading HERE...

0 views0 comments

Recent Posts

See All

Existing-Home Sales Up 3.1% in January

The National Association of Realtors is reporting that existing home sales were up 3.1% in January to a seasonally-adjusted annual rate of 4 million (down 1.7% year over year). Total housing inventor

bottom of page