dChan
Anonymous ID: 945da4 Jan. 5, 2023, 8:30 a.m. No.18081094   🗄️.is 🔗kun   >>1287 >>1475 >>1517 >>1573

Rents Continue to Decline More than Seasonally Normal

 

OER and rent of primary residence have mostly moved together. The Zillow index started in 2014, the ApartmentList index started in 2017, and CoreLogic in 2004. Here is a graph of the year-over-year (YoY) change for these measures since January 2015. Most of these measures are through November 2022, except CoreLogic is through October and Apartment List is through December 2022. Note that new lease measures (Zillow, Apartment List) dipped early in the pandemic, whereas the BLS measures were steady. Then new leases took off, and the BLS measures are picking up. The CoreLogic measure is up 8.8% YoY in October, down from 10.2% in September, and down from a peak of 13.9% in April 2022. The Zillow measure is up 8.4% YoY in November (of course!), down from 9.6% YoY in October, and down from a peak of 17.1% YoY in February 2022. The ApartmentList measure is up 3.9% YoY as of December, down from 4.5% in November, and down from a peak of 18.1% YoY November 2021.

https://www.apartmentlist.com/research/national-rent-data

 

As a reminder the OER -Owners Equivilent Rent portion of the CPI won't see any decline until about Feb/March as it is 5 months in arears-perect for them as they exploded higher-but won't be able to show the drops that started until then for the next CPI reading that occurs next week-see cap #3 for how they (BLS) 'say' do these but the last FOMC meeting there was a leak (they do the same thing-embargo the press) as the markets moved 2 minutes prior to the actual data release'

Anonymous ID: 945da4 Jan. 5, 2023, 8:39 a.m. No.18081160   🗄️.is 🔗kun   >>1175

>>18081121

>Alas without a Speaker, we are powerless

"we" as in the com'd ijits that can't continue raping and pillaging this country w/o an officially selected speaker now if you mean the actual people well…pfffft.

They don't care but you keep trying to make it seem like you all do.

You wanna make some noise that matters?

Do this a few times