Housing Expenses See Two-Year Low Amid Inflation Downturn
Tanner
May 16, 2024
April Housing Costs Fuel Core Inflation Despite Signs of Moderation Housing expenses remained high in April, primarily driving up core inflation. The shelter component of the Consumer Price Index (CPI), comprising mainly rent and homeowners’ equivalent rent (OER), saw a 0.4% increase, consistent with March. Over the past year, shelter costs rose by 5.5%, the
