Inflation Archive

Median Prices Rose to Highest Level, But Inflation-Adjusted Prices Still Below Bubble Peak

The median sales price of all existing homes sold rose to its highest level in May 2018, to $264,800. This peak price exceeds the housing bubble peak of $230,400 in July 2006. The median sales price of existing homes...

Latest Consumer Price Inflation (November 2015)

There was a slight uptick in the broad consumer inflation measure in November. More interesting is the housing components, which continue to show high figures. Housing shortage still persists and this condition will jack-up the broad inflation rate in...

Latest Consumer Price Index (July 2015)

There is no inflation to speak of, but rents are now rising at the fastest pace in nearly seven years. The smiles from lower gasoline prices are quickly getting cracked by the hard squeeze on higher housing cost, which...

Falling Import Prices Help Contain Inflation and Interest Rates

Due to the strengthening in the U.S. dollar the prices of imported goods are falling.  That is helping the overall consumer prices to be tame.  Low inflation means interest rates can remain low for a longer period. In the...

Inflation Rate in 2014

Consumer prices fell in December, yielding a low one-year 2014 inflation rate of only 0.7 percent.  However, renters are getting squeezed.  Rents increased at the fastest clip since 2008 with a 3.4 percent jump in 2014.  Home prices are...