In a recent report, it was revealed that housing costs experienced a notable increase of 0.4% from September to October. This rise significantly contributed to over half of the total inflation gain observed last month. The surge in housing expenses reflects a growing trend in the real estate market, with implications for both homeowners and renters alike.
Key points from the report include:
– Housing costs saw a 0.4% increase from September to October
– This rise accounted for more than half of the total inflation gain last month
– The trend indicates a notable impact on both homeowners and renters in the housing market.
You can read this full article at: https://www.housingwire.com/articles/consumer-price-index-inflation-october-2024/(subscription required)
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