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Housing Starts Jump 3.9% in August

Housing Starts Jump 3.9% in August The U.S. government is reporting that privately‐owned housing starts in August were at a seasonally adjusted annual rate of 1,615,000, which is 3.9% higher than July’s revised number.  In addition, this figure is 17.4% higher than one year ago.  August’s rate for units in buildings with five units or

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Consumer Price Index Up 0.3% in August

Consumer Price Index Up 0.3% in August The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was 0.3% in August, 2021.  Over the last 12 months, the all items index increased 5.3% before seasonal adjustment. Click here to read the full release at the Bureau of

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Local Market Monitor’s National Economic Outlook for August 2021

Local Market Monitor’s National Economic Outlook for August 2021 Local Market Monitor, a National REIA preferred vendor, recently released their monthly National Economic Outlook where they share their thoughts on developments taking place in the U.S. economy. National Economic Outlook By Ingo Winzer August, 2021 The economy continues to improve but apparently not fast enough

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Zumper’s National Rent Report for August ’21

Zumper’s National Rent Report for August ’21 Rental information site Zumper recently released their latest monthly National Rent Report showing that their median national rent for 1-bedroom apartments in July was $ 1,407 (up 7%) and the median two-bedroom rent was $ 1,787 (up 8.7%).  Be sure to check out their list of the top

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