ilmscore | Prediction Details
"the cost of shelter increased by 8.1 percent in April which is only down from 8.2 percent in March or in other words this contributed to more than 60 percent of the monthly increase in the index for all items excluding food and energy which is a big deal fortunately though the good news is that housing only takes into account existing costs like the leases that were signed a year ago and not necessarily where the market is today and with rents beginning to decline we could start to see these numbers fall towards the mid to end of this year"
By Graham Stephan | May 11, 2023 | Pending
From video
Why America Is Going Bankrupt 00:04:21 - 00:04:49
Interpreted Prediction
Shelter costs contributed over 60% to the monthly core inflation increase in April. However, with rents declining, housing inflation numbers are expected to fall by mid-to-late 2023.

Prediction Details

Topic
Housing Prices

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