Eye On Housing
In March, the real rent index increased 0.4 percent over February’s reading, after growing by approximately 0.1 percent per month for the previous 6 months (Figure 1). The annual growth rate of the real rent index grew to 5 percent in March, after 3 months of staying in the 1 percent range. NAHB constructs a “real” rent index to indicate… Read More ›
In March, the “core” CPI dropped for the first time in more than ten years, impacted by the COVID-19 pandemic. The Consumer Price Index (CPI), released by the Bureau of Labor Statistics (BLS), declined by 0.4% in March on a seasonally adjusted basis, following an increase of 0.1% in February. It is the largest monthly decline in the CPI since… Read More ›
In February, headline inflation and core inflation remained unchanged from the previous month. The Consumer Price Index (CPI), released by the Bureau of Labor Statistics (BLS), rose by 0.1% in February on a seasonally adjusted basis, the same increase as in January. Excluding the volatile food and energy components, the “core” CPI increased by 0.2% in February, the same increase… Read More ›
In January, core inflation increased, while headline inflation slipped as energy prices declined. The Consumer Price Index (CPI), released by the Bureau of Labor Statistics (BLS), rose by 0.1% in January on a seasonally adjusted basis, following a 0.2% increase in December. Excluding the volatile food and energy components, the “core” CPI increased by 0.2% in January, after rising 0.1%… Read More ›
In December, inflation-adjusted residential rents increased 0.1 percent over November’s reading, after essentially no growth in October and November (Figure 1). The average monthly growth rate of the real rent index stood at 0.11 percent in 2019, compared to 0.10 percent in 2018. NAHB constructs a “real” rent index to indicate whether inflation in rents is faster or slower than… Read More ›
The Bureau of Labor Statistics (BLS) reported that the Consumer Price Index (CPI) rose by 0.2% in December on a seasonally adjusted basis, following a 0.3% increase in November. Excluding the volatile food and energy components, the “core” CPI increased by 0.1% in December, after rising 0.2% in November. The food and energy indexes increased faster in December than last… Read More ›
The Bureau of Labor Statistics (BLS) reported that the Consumer Price Index (CPI) rose by 0.3% in November on a seasonally adjusted basis, following a 0.4% increase in October. Excluding the volatile food and energy components, the “core” CPI increased by 0.2% in November, the same increase as in October. In November, increases in the food and energy indexes contributed… Read More ›
The Bureau of Labor Statistics (BLS) reported that the Consumer Price Index (CPI) rose by 0.4% in October on a seasonally adjusted basis, after being unchanged in September. It was the largest monthly increase in the CPI since March 2019. Excluding the volatile food and energy components, the “core” CPI increased by 0.2% in October, following a 0.1% increase in… Read More ›
The Bureau of Labor Statistics (BLS) reported that the Consumer Price Index (CPI) was unchanged in September on a seasonally adjusted basis, after a 0.1% increase in August. Excluding the volatile food and energy components, the “core” CPI increased by 0.1% in September, following a 0.3% increase for three straight months (June, July and August). Over the month of September,… Read More ›
In August, headline inflation rose slower relative to July, while core inflation remained unchanged. The Bureau of Labor Statistics (BLS) reported that the Consumer Price Index (CPI) rose by 0.1% on a seasonally adjusted basis in August, slower than the 0.3% increase in July. Excluding the volatile food and energy components, the “core” CPI increased by 0.3% in August, the… Read More ›