Metro East REIA
- Nov 23, 2021
- 1 min read

Inflation Hits 31-Year High – How Bad is it Really?

Recently we posted new numbers form the Consumer Price Index revealing that the “all items index” rose 6.2% for the 12 months ending October – which was the largest 12-month increase since 1990. However, with that in mind, the folks over at Statista crunched the numbers to see how bad it really is, or isn’t. They calculated the average annual inflation rate over a moving three-year period, which yielded a curve that fluctuated around 2 percent for a long time, until it took off this summer. They conclude that the latest spike in consumer prices is more than just a statistical blip and should be taken seriously. Continue reading HERE...

Recent Posts

See All

Your Guide to the Renter’s Bill of Rights – Parts 1 & 2

Recently, the Biden Administration released its Blueprint for the Renters Bill of Rights. On two recent episodes of the Rent Perfect Podcast, David Pickron and his General Counsel Denny Dobbins discu

Existing-Home Sales Surge 14.5% in February

The National Association of Realtors is reporting that existing home sales were up 14.5% in February to a seasonally-adjusted annual rate of 4.58 million (down 22.6% year over year). Total housing in

Federal Judge Halts Biden Administration Waters Rule in Texas & Idaho

Bloomberg Law has reported that a federal judge in Texas has issued a preliminary injunction against the Biden administration’s waters of the US rule (aka WOTUS). However, the injunction only applies