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In this Real Estate News Brief for the week ending September 18th, 2021… inflation eases up overall, but rents and building materials soar, while mortgage rates hold steady. 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 the past week. Concerns about inflation have eased up a bit. Prices rose at their slowest pace in August since about seven months ago. The consumer price index was up .3% which brought the annual rate down a tenth of a percent to 5.3%. The core rate, which strips out prices for food and gas, was only up .1% to an annual rate of 4%. That’s down from 4.3% in June. MarketWatch economists say that could be a sign that the recent price surge is peaking. (1) There’s been a lot of debate about the risk of higher inflation and whether it will remain above the 2% mark. The Federal Reserve isn’t worried. It expects prices to come back down toward that 2% level sometime next