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Single-Family Rent Prices Saw Double Digit Growth in September

Single-Family Rent Prices Saw Double Digit Growth in September CoreLogic says rent growth across all tiers remains at record highs, with high-end rentals leading the charge.  In addition their latest Single-Family Rent Index (SFRI) also says strong demand & labor market are fueling single-family rent price increases.  Their data shows data shows national rents increased

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Pending Home Sales Down 2.3% in September

Pending Home Sales Down 2.3% in September The National Association of Realtors is reporting that pending home sales were down 2.3% in September, 2021.  The NAR’s Pending Home Sales Index (a forward-looking indicator based on contract signings) fell to 116.7.  The NAR says housing supply remains low but they expect inventory to turn the corner

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Consumer Price Index Up 0.4% in September

Consumer Price Index Up 0.4% in September The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was 0.4% in September, 2021.  Over the last 12 months, the all items index increased 5.4% before seasonal adjustment. Click here to read the full release at the Bureau of

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Existing Home Sales Up 7% in September

Existing Home Sales Up 7% in September The National Association of Realtors is reporting that existing home sales were up 7% in September to a seasonally-adjusted annual rate of 6.29 million (down 2.3% from one year ago).  Total housing inventory at the end of September was 1.27 million units, down 13% from one year ago. 

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