2024-06-01 06:00:00 ET
Summary
- While the U.S. Consumer Price Index has seen a significant decline from its 2022 peak, the shelter component remains somewhat stubborn.
- As mortgage rates remain high and as property values hover at their peaks, many continue to wonder when this piece of the inflation picture will roll over.
- Homeowners’ insurance has increased nearly 34%, on average, in the U.S. in the last five years.
By Siena Sheldon, CFA ...
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For further details see:
Insurance Premiums And The Rising Cost Of Homeownership