How Inflation Affects the Housing Market

Real Estate Agent with Real Broker, LLC 9051300

🏠 Ever wondered how inflation 📈 impacts the housing market 🏡? Believe it or not, they're actually connected! 💡 Whenever one experiences changes, you can bet the other feels it too. 🔄 Let me break down this intriguing connection for you:

**The Housing Inflation and Overall Inflation Dance 💃**

So, here's the deal: we've got shelter inflation, which is like the housing-specific version of price growth. 🏘️ This stat comes from a fancy survey done by the Bureau of Labor Statistics (BLS), where they chat with both renters and homeowners. 📊 They ask renters about their rent expenses, and homeowners spill the beans on how much they'd charge to rent their places if they weren't living there themselves. 🏠💰

It's like a financial tango between housing and inflation! 🕺💃 Just remember, when inflation taps its foot, the housing market often joins in for a spin. 🌀🏡

See the full report with charts & graphs here

Comments (2)

Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Michael. Inflation was the tool that allowed the previous generation of homeowners to retire with a nest egg. You can't participate unless you have skin in the game. Only a few, very few, can invest in other areas for a greater return. Enjoy your day.

Aug 31, 2023 05:45 AM
Michael Mahoney
Real Broker, LLC - Boston, MA
Boston Realtor with Real Broker, LLC in Boston

We need to show how homeownership is a hedge against inflation.
Wayne Martin Thanks for checking it out. 

Sep 07, 2023 06:09 AM