Core Inflation Remains Steady

Consumer prices, measured by the Bureau of Labor Statistics’ (BLS) Consumer Price Index – Urban Consumer (CPI), rose by 2.1 percent on an unadjusted basis over the 12 months of 2017, and has broadly accelerated from the 1.63 percent reading in June 2017. Energy prices contributed to the increase in the headline measure of consumer [...]

By | January 16th, 2018|Certified Aging In Place|0 Comments

Property Tax Revenue Increases for 22nd Consecutive Quarter

NAHB analysis of the Census Bureau’s quarterly tax data shows that $556 billion in taxes were paid by property owners over the four quarters ending in Q3 2017.[1] It has now been five and a half years since four-quarter property tax revenues last declined, although the growth rate has slowed and is behind that of corporate income [...]

By | January 14th, 2018|Certified Aging In Place|0 Comments

Softwood Lumber, OSB, and Gypsum Lead 2017 Price Increases

Prices paid for OSB (-13.0%), softwood lumber (-1.0%), and inputs to residential construction (-0.1%), all decreased in December, according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics. The index for gypsum products advanced (+1.6%). Over the course of 2017, the price paid for every major input to construction NAHB [...]

By | January 12th, 2018|Certified Aging In Place|0 Comments

Apartment and Condominium Absorption Increased in Q2 2017

The Census Bureau, in collaboration with the Department of Housing and Urban Development (HUD), produces the Survey of Market Absorption (SOMA), which tracks apartment and condominium completions, absorption rates (the share of apartments/condos rented or purchased within the first 3 months after completion), and asking rent prices. In the second quarter of 2017, completions of [...]

By | January 10th, 2018|Certified Aging In Place|0 Comments