Consumer News Here’s Why Home Prices Are Still Rising
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New inflation report shows prices are still rising
ABC News’ Alex Presha spoke with Martha Gimbel, executive director and co-founder of the Budget Lab at Yale, about what the new inflation report means and what could influence prices going forward. Read More
This 1 group of US homebuyers aren’t being deterred by rising prices and high mortgage rates — where they’re still buying (and why it matters)
In context, this uptick is still far below the figures from around a decade ago. In 2017, non-U.S. citizens bought around 284,500 existing homes, spending $153 billion. Spending in this category ... Read More
Foreign homebuyers undeterred by rising prices and high mortgage rates — where they’re still buying (and why it matters)
Foreign money is flowing back into American housing, proving that high U.S. mortgage rates and economic or political concerns are not stopping international buyers, who are more likely to pay all cash ... Read More
Why Rising House Prices Are Actually Terrible for Everyone
When housing prices soar, the first reaction tends to be celebration. Homeowners feel richer on paper, news outlets talk about “booming” markets, and politicians cheer signs of “economic strength.” ... Read More
US consumer prices rise slightly less than expected in September
WASHINGTON (Reuters) - U.S. consumer prices increased slightly less than expected in September, keeping the Federal Reserve on track to cut interest rates again next week. The Consumer Price Index ... Read More
Inflation's on the rise. So will Thanksgiving dinner cost more, too?
Shoppers are stressed about rising grocery prices, with 58% of those surveyed citing concern about food price inflation. As a result, 25% said they plan to buy more private label brands and 31% said ... Read More
Trump says he ‘defeated’ inflation — so why do prices keep going up?
For the legions of cash-strapped shoppers wrestling with skyrocketing consumer prices, President Trump’s alleged Golden Age is an age wracked with debt. Millions of seniors and families are shelling ... Read More
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