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Consumer Price Index: Difference between revisions
→4. Housing Market
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*Home prices have started to decline since July 2022<ref>https://tradingeconomics.com/united-states/case-shiller-home-price-index-mom</ref>, but due to the lagging shelter CPI data, this will start to be reflected in CPI until the second half of 2023. | *Home prices have started to decline since July 2022<ref>https://tradingeconomics.com/united-states/case-shiller-home-price-index-mom</ref>, but due to the lagging shelter CPI data, this will start to be reflected in CPI until the second half of 2023. | ||
*The S&P/Case-Shiller | *The S&P CoreLogic Case-Shiller 20-city home price index in the US rose 2.5% year-on-year in January of 2023, the smallest increase since November of 2019, following a 4.6% rise in December<ref name=":2">https://tradingeconomics.com/united-states/case-shiller-home-price-index-yoy</ref> | ||
*The S&P CoreLogic Case-Shiller 20-city home price index in the US declined 0.6% month-over-month in January of 2023, a seventh consecutive decline. <ref>https://tradingeconomics.com/united-states/case-shiller-home-price-index-mom</ref> | |||
=== 5. Food Prices === | === 5. Food Prices === | ||