by Calculated Risk on 2/27/2023 12:15:00 PM
Today, in the Calculated Risk Real Estate Newsletter: Measures of Shelter in the CPI and PCE price indexes Still Increasing
Here is a graph of the year-over-year change in shelter from the CPI report and housing from the PCE report (both through January 2023):.
Shelter was up 7.9% year-over-year in January, and housing (PCE) was up 8.0% YoY in January.
However, there is more impacting rents than the normal lag between new leases and renewals.
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