AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Is There a Relationship Between Home Purchase Activity and Rent Prices?
Interest rates going up could end up increasing the pressures on rent because more people decide they're not going to buy houses. It really is kind of what you're talking about, which is the knock on effect on the rental market. That's really the way it's going to feed through into the rent index. House prices don't play any role whatsoever in the CPI at all.