Shelter costs were 4.6% higher in December than a year earlier, and they account for more than a third of the consumer price ...

Zillow Economics predicts shelter CPI inflation – and the results remind us that unless active rental markets moderate even ...

The annual inflation rate for housing and household services was 6.0% in December 2024, up from 5.8% in November. This ...

Housing inflation held steady in December, an encouraging sign for one of the most stubborn drivers of consumer price growth.

As the largest CPI component, housing also continues to prop up overall inflation readings. Shelter accounted for 40% of the monthly CPI increase, according to the Bureau of Labor Statistics.

As a large component of CPI, lower housing costs may help drive inflation lower. The Fed clearly watches inflation data closely. Generally, they prefer the PCE inflation metric, which is released ...

“It’s premature to assume that this is the beginning of the long-awaited disinflation in the housing components of the CPI,” said Ryan Sweet, chief economist of Oxford Economics.

Housing was unchanged ... the biggest contributor to inflation was shelter. Since the shelter component of CPI works with a lag, inflation was arguably understated in 2021 and early 2022 and ...

The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...