Tag Archives: housing costs

Costly housing spurred California’s 500,000-person pandemic exit

By | | Uncategorized
Comments Off on Costly housing spurred California’s 500,000-person pandemic exit

The state’s population exodus was second only to New York, which lost 15,000 more people. The sky-high cost of housing was the residents’ primary reason for departure. Continue reading →

Annual inflation drops to 7.1% even as housing woes persist

By | | Uncategorized
Comments Off on Annual inflation drops to 7.1% even as housing woes persist

Housing remained a strain on family budgets last month, but declining prices of gas, used cars and medical insurance helped soften the blow. Continue reading →

Housing costs eyed as major culprit in latest 9.1% inflation hike

By | | Uncategorized
Comments Off on Housing costs eyed as major culprit in latest 9.1% inflation hike

Housing costs were one of the biggest drivers of inflation in June, pushing higher at a pace unseen since 1990, according to a report Wednesday from the Bureau of Labor Statistics. Continue reading →

The average Canadian home now costs double what it does in the US

By | | Uncategorized
Comments Off on The average Canadian home now costs double what it does in the US

Between 2020 and 2022 Canadian home prices have surged 30 percent — an increase described as “nothing short of stunning” by economist Robert Hogue in a report for the Royal Bank of Canada. Continue reading →

Inflation hits 8.5%, highest mark since 1981. Housing is only part of it

By | | Uncategorized
Comments Off on Inflation hits 8.5%, highest mark since 1981. Housing is only part of it

Rents rose by 0.4 percent from February to March — a slowdown from recent months even as gas and food costs spiked, according to the latest Consumer Price Index, released Tuesday Continue reading →

It’s official: Inflation ramps up to fastest annual pace in 40 years

By | | Uncategorized
Comments Off on It’s official: Inflation ramps up to fastest annual pace in 40 years

It’s not just the housing market. The prices of U.S. consumer goods have been rising faster than at any 12-month period since 1982, according to the Consumer Price Index, released Friday. Continue reading →

Hispanics most likely to get family help to buy a home: Redfin

By | | Uncategorized
Comments Off on Hispanics most likely to get family help to buy a home: Redfin

Redfin report found that 52 percent of Hispanic homeowners lived with family or friends without paying rent to save for housing costs. Continue reading →

Inman Interactive: Explore where US housing costs are highest

By | | Uncategorized
Comments Off on Inman Interactive: Explore where US housing costs are highest

This interactive map compares the costs for a typical homeowner in each county in the nation, beyond the principal and interest on their loan. Continue reading →

4 financial decisions couples should make before buying a home

By | | Uncategorized
Comments Off on 4 financial decisions couples should make before buying a home

Millennial real estate expert Dana Bull shares tips about getting a mortgage, setting a budget, splitting housing costs, and creating a contingency plan. Continue reading →

NAR affordability index dips for third straight month

By | | Uncategorized
Comments Off on NAR affordability index dips for third straight month

The National Association of Realtors affordability index dipped for the third straight month in May, meaning the typical family had less estimated income to afford a home at the national median price, according to data released Friday. Continue reading →