April 12, 2024

How Will the Recent Spike in the Consumer Price Index Impact Homebuyers’ Buying Power?

Economy, Interest Rates, Mortgage, Real Estate / Neil

CPI (consumer price index) is a monthly report that tracks a bucket of goods and services, calculating the month-over-month cost of each category. It then averages the monthly percentages over 12 months and reports year-over-year inflation. The chart below shows what is included in the CPI to help figure out inflation. CPI Seasonally adjusted changes […]

How Will the Recent Spike in the Consumer Price Index Impact Homebuyers’ Buying Power? Read More »

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