Inflation rose 0.4% in February to an annual rate of 3.2%, with shelter and gas costs contributing substantially to the uptick, according to the the Bureau of Labor Statistics' Consumer Price Index
MBA lender survey shows applications from homebuyers are down 12% from a year ago, as mortgage rates continue to rebound from December lows on stubborn inflation data
Investment expert and team leader Jen Berbas looks at how changes to the Consumer Price Index's rent measure offer insight into the direction of consumer housing costs
Tuesday's big drop in rates followed an encouraging inflation report, with bond market investors now convinced the Federal Reserve is done hiking rates and may reverse course in the spring
Despite having cooled for more than a year, the median asking rent in the US remained just $24 below its all-time high as of June 2023, Redfin reported
Housing costs were again the largest contributor to inflation, accounting for more than 70% of the annual increase of the Consumer Price Index, according to new Bureau of Labor Statistics data
The impact of high housing costs is expected to fall out of inflation, giving cover for the Federal Reserve to stop raising interest rates for now, economists said. But there are still warning signs
The all items index increased 4.9% for the 12 months ending April, the smallest 12-month increase since the period ending April 2021, according to the Consumer Price Index Summary
The US Consumer Price Index cooled to 5% in March compared to a year ago, but remained elevated overall despite efforts to curb inflation, according to the Bureau of Labor Statistics
Mortgage rates have been inching up from 2023 lows following a strong jobs report and January's Consumer Price Index readout, which shows only a slight cooling in inflation
Housing costs were the biggest contributor to inflation in January, according to new data from the Bureau of Labor Statistics. Increased food and energy costs were smaller by comparison
The once-frantic pace of consumer price growth has been slowing for months, which may bode well for buyers' budgets — and financing, according to new data from Bureau of Labor Statistics
Housing remained a strain on family budgets last month, but declining prices of gas, used cars and medical insurance helped soften the blow
All-items inflation rose 7.7% in October — down from September's 8.2%. Although its welcome news, housing economists say it'll take until 2023 for homebuyers to see the savings
Government’s estimate of the cost of owning a primary residence rose 0.8% in September and was up 6.7% compared to a year ago, which is the largest 12-month increase in the category's history