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US CPI Surges More Than Expected In August As Gas Prices Soar (charts)

Following July’s rebound in headline CPI, August was expected to see that accelerate further (driven by surging energy prices and healthcare methodology changes). Headline CPI rose 0.6% MoM (as expected), but pushed the YoY change to +3.7% (up from 3.2% prior and hotter than the 3.6% exp). That is the biggest MoM since June 2022… There was a …

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Real estate investors have bought 45% fewer homes than a year ago — That’s the biggest decline since 2008 with the exception of the quarter before, when they dropped 48%

Real estate investors have bought 45% fewer homes than a year ago — That’s the biggest decline since 2008 with the exception of the quarter before, when they dropped 48% ⚠️⚠️⚠️ Is it showing up in your area yet? or everything is still holding its value?