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Consumer Price Index Up 0.2% in November

Consumer Price Index Up 0.2% in November The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was 0.2% in November after being flat in October.  Over the last 12 months, the all items index increased 1.2% before seasonal adjustment. Click here to read the full release

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Yardi Says Rents Declined Slightly in November

Yardi Says Rents Declined Slightly in November According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents were down 0.5% year-over-year in November.  Interestingly, they point out that a “renter exodus” from gateway cities like New York, San Francisco, Washington D.C., Chicago, Boston and Los Angeles continues with these markets exhibiting larger

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