A National Inflation Storm Could Spell Trouble for America’s Housing Market
Pro Builder
JANUARY 17, 2022
Housing is the largest expense for the vast majority of Americans, and the latest CPI report shows that it’s draining people’s bank accounts faster than ever before. The shelter component of the Consumer Price Index rose to its highest rate since 2007 in December 2021, and prices are still going up, according to Realtor.com.
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