Inflation Hits 8.5% Year-Over-Year
Inflation Hits 8.5% Year-Over-Year
The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was up 1.2% in March, 2022. However, the all items index was up 8.5% for the 12 months ending in March, continuing a 40-year high streak. See chart below. “Increases in the indexes for gasoline, shelter, and [...]
The post Inflation Hits 8.5% Year-Over-Year appeared first on Real Estate Investing Today.- News |
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The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was up 1.2% in March, 2022. However, the all items index was up 8.5% for the 12 months ending in March, continuing a 40-year high streak. See chart below. “Increases in the indexes for gasoline, shelter, and [...]
The post Inflation Hits 8.5% Year-Over-Year appeared first on Real Estate Investing Today.
The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was up 1.2% in March, 2022. However, the all items index was up 8.5% for the 12 months ending in March, continuing a 40-year high streak. See chart below. “Increases in the indexes for gasoline, shelter, and [...]
The post Inflation Hits 8.5% Year-Over-Year appeared first on Real Estate Investing Today.
The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was up 0.3% in April, 2022. However, the all items index was up 8.3% for the 12 months ending in April, continuing a 40-year high streak. See chart below. “Increases in the indexes for shelter, food, airline [...]
The post Inflation Up 8.3% Year-Over-Year appeared first on Real Estate Investing Today.
The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was up 0.3% in April, 2022. However, the all items index was up 8.3% for the 12 months ending in April, continuing a 40-year high streak. See chart below. “Increases in the indexes for shelter, food, airline [...]
The post Inflation Up 8.3% Year-Over-Year appeared first on Real Estate Investing Today.
The average rate for a two-year fix moved to 3.03% this month, shows Moneyfacts data. This is the highest rate for this product type Moneyfacts has recorded since March 2015, when the average two-year fix came to 3.06%, and it means that the price has increased by 0.69% this year. Meanwhile, the average rate for ...
This story continues at Price for average two-year fix hits seven-year high, Moneyfacts data shows
Or just read more coverage at Mortgage Finance Gazette
The average rate for a two-year fix moved to 3.03% this month, shows Moneyfacts data. This is the highest rate for this product type Moneyfacts has recorded since March 2015, when the average two-year fix came to 3.06%, and it means that the price has increased by 0.69% this year. Meanwhile, the average rate for ...
This story continues at Price for average two-year fix hits seven-year high, Moneyfacts data shows
Or just read more coverage at Mortgage Finance Gazette
T&T warns materials stockpiling could create price bubbles and unnecessary shortages
T&T warns materials stockpiling could create price bubbles and unnecessary shortages
On a recent episode of Real Estate News for Investors, Kathy Fettke discusses inflation hitting a 40-year-high, where rents are growing the fastest, the high cost of building new homes, mortgage rates hit the 5% mark and home values appear to be rising much faster than property taxes. Click here to listen on Spotify.com.
The post Inflation Hits 40-Year-High and Double-Digit Rent Growth appeared first on Real Estate Investing Today.
On a recent episode of Real Estate News for Investors, Kathy Fettke discusses inflation hitting a 40-year-high, where rents are growing the fastest, the high cost of building new homes, mortgage rates hit the 5% mark and home values appear to be rising much faster than property taxes. Click here to listen on Spotify.com.
The post Inflation Hits 40-Year-High and Double-Digit Rent Growth appeared first on Real Estate Investing Today.
Dive Brief:
The Dodge Momentum Index (DMI) inched up 0.3% in June to hit a 14-year high for the benchmark that measures nonresidential building planning.
Manufacturing construction starts led the group and reached a record $41.6 billion over the last 12 months ending May 2022. That’s 161% more than the 12 months ending May 2021, according to Dodge data.
This peak is largely due to U.S. onshoring efforts, as more American companies move their manufacturing facilities back to the U.S.
Dive Ins...
Dive Brief:
The Dodge Momentum Index (DMI) inched up 0.3% in June to hit a 14-year high for the benchmark that measures nonresidential building planning.
Manufacturing construction starts led the group and reached a record $41.6 billion over the last 12 months ending May 2022. That’s 161% more than the 12 months ending May 2021, according to Dodge data.
This peak is largely due to U.S. onshoring efforts, as more American companies move their manufacturing facilities back to the U.S.
Dive Ins...
NAR has a very critical data line, which shows that 82% of the active listings are being sold within a month.
The post Why home-price growth is still up 18% year over year appeared first on HousingWire.
NAR has a very critical data line, which shows that 82% of the active listings are being sold within a month.
The post Why home-price growth is still up 18% year over year appeared first on HousingWire.
It estimates that disruption caused by the Ukraine War has magnified existing supply chain problems adding 3 to 5% to the cost of typical projects. This is even though materials sourced from Ukraine barely account for 1.2% of the value of construction’s imports. A combination of energy and material price inflation, labour shortages and the high cost of risk transfer will fuel further tender rises, warns Arcadis. As a result, the consultant’s tender price watchers have almost doubled their ...
It estimates that disruption caused by the Ukraine War has magnified existing supply chain problems adding 3 to 5% to the cost of typical projects. This is even though materials sourced from Ukraine barely account for 1.2% of the value of construction’s imports. A combination of energy and material price inflation, labour shortages and the high cost of risk transfer will fuel further tender rises, warns Arcadis. As a result, the consultant’s tender price watchers have almost doubled their ...
And it's possible demand could soften even more after the Fed's next rate hike at the end of July.
And it's possible demand could soften even more after the Fed's next rate hike at the end of July.
More than 2.8 million square feet of office space traded across the metro during the year's first three months.
The post Q1 Phoenix Office Sales Up Year-Over-Year appeared first on Commercial Property Executive.
More than 2.8 million square feet of office space traded across the metro during the year's first three months.
The post Q1 Phoenix Office Sales Up Year-Over-Year appeared first on Commercial Property Executive.