Housing Costs news and trends

Shelter and Clothing Get More Expensive With Inflation Stubbornly Entrenched 
Economy // March 12, 2024

We may have to wait a bit longer for rate cuts. And for the U.S. consumer, inflation’s a stubborn fact of life — volatile, to be sure — and it seems like when one category of spending becomes more manageable, others become more expensive. In...

Inflation’s Pace Quickens in December, Led by Housing Costs
Economy // January 11, 2024

The end of inflation? The end of the pinch to paycheck-to-paycheck wallets? Hardly. And, per the latest Consumer Price Index data, released Thursday (Jan. 11) by the Labor Department, the most basic of expenses — especially shelter — proved to be more expensive headed into the...

Consumer Expenditures Leap 9% in 2022 as ‘Everyday’ Spend Grows Faster Than Income
Economy // September 08, 2023

The year 2022 marked a continued emergence from the pandemic, and new data show just how much — and how fast — we spent our take home pay to keep things going. The Bureau of Labor Statistics (BLS) reported Friday (Sept. 8) that average annual expenditures...

Scarce Housing Inventory Adds to Millennials Already Low Homeownership Expectations
Economy // May 26, 2023

Lately, it seems that just when things started to look more promising for those seeking to purchase a home, a new set of discouraging numbers gets released. The latest round comes from Realtor.com’s Monthly Housing Market Trends report for April, estimating  that housing inventory in the...

Interviews & Exclusives
Inflation’s Pace Quickens in December, Led by Housing Costs

January 11, 2024
The end of inflation? The end of the pinch to paycheck-to-paycheck wallets? Hardly. And, per the latest Consumer Price Index data, released Thursday (Jan. 11) by the Labor Department, the most basic of expenses — especially shelter — proved to be more expensive headed into the end of the year. December’s overall headline numbers showed that […]

Scarce Housing Inventory Adds to Millennials Already Low Homeownership Expectations

May 26, 2023
Lately, it seems that just when things started to look more promising for those seeking to purchase a home, a new set of discouraging numbers gets released. The latest round comes...

Inflation’s Driven 18M Consumers to Give Up on Buying a New Home

February 09, 2023
Increasingly, having a room of one’s own — an affordable house or rental — feels out of reach. In the most recent monthly PYMNTS gauge of consumer sentiment: “Rising Housing...

60% of Renters Report Financial Health in Jeopardy Over High Housing Costs

February 03, 2023
For many Americans, owning a home or renting an apartment signifies financial stability and maturity, with Americans traditionally leaving home early and never looking back. But home ownership — the...