Reported about 11 hours ago
December's Consumer Price Index shows shelter inflation rose by 0.3% month-over-month and 4.6% annually, indicating a moderation from previous months. Expert Andy Walden notes home price growth is also calming down, projecting a possible moderation to around 3% in early 2025 due to influences from interest rates. This trend highlights how Federal Reserve policies may affect housing markets in the coming year.
Source: YAHOO