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In this Real Estate News Brief for the week ending January 14th, 2023… the good news about inflation, a few new potentially hot real estate markets, and the recent surge in U.S. population growth.   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 good news about inflation. For the first time since the beginning of the pandemic, consumer prices were down. The Labor Department reports that the Consumer Price Index fell .1% in December. The decline brings the annual rate of inflation down from 7.1% to 6.5%. It was up as high as 9.1% last summer. The core rate of inflation is considered a more accurate gauge of inflation because it eliminates food and gas prices which can be volatile. That rate was down .3% to a core rate of 5.7%. (1)   The December reading is proof that inflation is subsiding, and is giving economists hope that the Federal Reserve will back off