The reason for the slower pace of growth is attributable to broad trends across the rental industry, including new inventory.
Author: Swapna Venugopal Ramaswamy, USA TODAY
Analysis: Will home prices this year surpass peak-pandemic prices?
Buyers who are in the market have not been dissuaded by higher mortgage rates. They are more concerned about being able to find a home to buy.
Insurance companies are leaving California due to wildfire risk. What homeowners can do.
The increased number and severity of wildfires increase has led to a sharp rise in insurers’ decisions not to renew policies in California.
A move from California to Texas could save a million dollars. Many Americans are opting in
The number of people leaving the Golden State for Texas has grown by 36% between 2016 and 2021.
Exclusive: 64% of Americans would welcome a recession if it meant lower mortgage rates
82% of those surveyed believe the country is facing an unprecedented housing affordability crisis.
The Daily Money: Disconnect between current rents and shelter inflation data
The CPI program collects rent data from each rental unit every six months since rents are locked in place for a given lease term.
Rent prices are dropping, so why do CPI numbers for shelter remain high?
In a fast changing, volatile housing market, the CPI report can seem outdated compared to private indexes that look at current leases.
Getting ‘duped’ is cool now: The Daily Money
Inflation and young shoppers are the biggest drivers of the trend, which is now cool and fun to hunt the “best dupes” on certain items.
The Fed’s inflation-fighting tactic was effective in cooling the housing market. What now?
Affordability trends in the coming months will depend on mortgage rates and the supply and demand dynamics fueling nominal house price appreciation.
‘Not all gloom and doom’: How this Florida Gen Z home buyer bought in an uncertain market
There are ways to get deals done as both buyers and sellers are on the same page with concessions.