Real Rent Index Unchanged in December

The real rent index was flat in December, after slight growth in October (+0.1%) and November (+0.2%) (Figure 1). The December reading means that rent inflation and the “core” Consumer Price Index (CPI) moved at the same pace, both increasing by about 0.1%. The annual growth rate of the real rent index was 0.2% in December. NAHB constructs a “real”… Read More ›