The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was up 0.4% in February, 2023. The all items index was up 6% for the 12 months ending in February. Interestingly, the BLS says The index for shelter was the largest contributor to the monthly all items …
Housing Costs are the Leading Increase in Inflation Read More »
Today’s infographic from the Visual Capitalist ranks the economic output of the top 15 U.S. cities from New York City to Minneapolis, using data from the U.S. Bureau of Economic Analysis. Interestingly, America’s metropolitan areas account for roughly 90% of U.S. economic output, however, they do point out that the economic center of gravity within …
A recent report from Zillow says the most pet-friendly city in the country for renters is Austin, Texas, with over 4 out of every 5 rental listings allowing pets. In fact, as of January, Zillow says more than half of their rental listings indicated they allow pets. Interestingly, 4 out of the top 10 cities …
Rental information site Zumper recently released their latest monthly National Rent Report showing that their median national rent for 1-bedroom apartments in February, 2023 was $1,492 (unchanged from January) and the median two-bedroom rent was $1,824 (up 0.1% from January). Zumper says year-over-year rent-price increases continued to decelerate from post-pandemic-era increases in 2021 and 2022. …
Statista says 50 out of the 75 largest cities in the U.S. are currently running a deficit and, in some cases, a pretty hefty one. Today’s chart illustrates those cities with the highest municipal debts per taxpayer. Indeed….Stay safe and have a Happy Friday!! “…despite being obligated to pay employees’ pension and retiree health care …
According to the latest CoreLogic Home Price Insights (HPI) report, home prices nationwide, including distressed sales, increased year over year by 6.9% in December 2022. On a month-over-month basis, home prices declined by 0.4% in December compared with November 2022. CoreLogic predicts that home prices will decrease on a month-over-month basis by 0.2% from December …