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BumRushDaShow

(172,091 posts)
11. The "All Items" probably ticked down
Thu Sep 12, 2024, 08:00 AM
Sep 2024

but then that includes the volatile "energy" component and gasoline prices have been dropping since August as the driving season is about over and some markets begin the switch to "winter blend" gasoline. But without that, you do see that little uptick and it could be the housing.

I have seen a myriad of articles about the mortgage rates continuing to drop but then sales prices for homes have still been holding (or even increasing in some markets due to a lack of housing stock and housing starts have decreased the past couple months per the Census Bureau).

I actually like this little chart - the below one from the Aug. 16 report (it has a y-o-y of housing starts but mainly like it because it also has a plot that goes back to July 2019) -

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