Tag Archive for ‘rent’

HUD’s Proposed Fair Market Rents Address a Number of Industry Issues

On August 3rd, the Department of Housing and Urban Development (HUD) released its list of proposed  Fair Market Rents (FMRs) for fiscal year 2013.  The primary purpose of FMRs is to establish maximum subsidies for HUD’s Housing Voucher Program (which provides rental assistance to about 1.8 million low-income, elderly and disabled households) although FMRs are sometimes used in other applications… Read More ›

Sharp Decline in Energy Prices Pushes CPI Lower

Today’s release for the Consumer Price Index for All Urban Consumers (CPI-U) showed a 0.3% decline between April and May 2012. The energy index accounted for most of the drag on topline CPI last month, falling an additional 4.3% after a 1.7% drop in April. The latest decline represented the largest percentage contraction in the energy index since December 2008—a… Read More ›

Falling Energy Prices Weigh on CPI

The Bureau of Labor Statistics reported today that the Consumer Price Index for All Urban Consumers (CPI-U) was unchanged between March and April 2012. Energy prices played a major role once again in shaping the CPI’s trajectory, but this month it put downward pressure on the overall CPI as the CPI for energy slumped 1.7 percent versus March. Gasoline accounted… Read More ›

CPI Rises as Core Index and Energy Prices Climb Higher; Real Rents Inch Lower to kick off 2012

The Bureau of Labor Statistics (BLS) reported the Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2% on a month-to-month basis during January 2012. Price levels rose across a fairly broad base of categories, as the core, energy and food indexes all registered increases compared to December. If not for the fact that natural gas prices continue to slump… Read More ›

New NAHB Research: Apartment Rent Estimating Model

In October, NAHB released an updated version of the statistical model it maintains for estimating the average price of a single-family home. Economist Paul Emrath has now published a companion model designed to estimate average gross rent for an apartment in a building with five or more housing units. Like the house price model, the NAHB rent estimator is calibrated with… Read More ›