Real Estate News | Real Estate Investing | Stock Market Investing | Passive Income | Flipping | 1031 Exchange | Private Lendi
The Real Estate News Brief: Inflation Flip-Flop, Investor Purchase Activity, Big Landlords Gobbling Up SFRs
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:06:19
- Mas informaciones
Informações:
Sinopsis
I n this Real Estate News Brief for the week ending February 25th, 2023... the latest disappointing report on inflation, a Q4 report on investor home-buying activity, and a new prediction for institutional ownership of single-family rentals. Hi, I'm Kathy Fettke and this is Real Estate News for Investors. If you like our podcast, please subscribe and leave us a review. Economic News We begin with economic news from this past week and a report that inflation remains stubbornly high. According to the Personal Consumption Expenditures index or PCE, the cost of goods and services rose .6% in January. That’s the largest increase since last summer, and raises the annual rate from 5.3% to 5.4%. The core rate, which excludes food and fuel, was also up .6% and raises the annual core rate of inflation from 4.6% to 4.7%. The disappointing results follow two other hot inflation reports for January. It’s not clear if this is just a blip in the battle against inflation or a change of course, but it does suggest that