In each Economic Update, the Research staff analyzes recently released economic indicators and addresses what these indicators mean for REALTORS® and their clients. Today’s update discusses the consumer price index. Lower gas prices drove overall … [Read more...]
Inflation
Overall inflation was tame in October, rising only 0.1 percent from the prior month and a manageable 2.2 percent from one year ago. However, the rent component rose at the fastest pace in 4 years. The monthly rent increase of 0.4 … [Read more...]
