Consumer Price Index, Housing Market, and Inflation

Inflation is not under control. CPI had the smallest increase since January 2021, but not so fast! At least 70% of CPI is made up of housing expenditures. Housing affordability continues to be afflicted with the surging home prices. We need to get housing affordability under control to get inflation under control. #realestate #njrealestate #realsophyrealestate #realsophy #homebuyers #inflation #mortgage