Looking to downsize, the Sunderlands put their Southlake home on the market expecting to have time to find a smaller place. But, just hours into the open house, the plan changed… quickly. A realtor says the trend is helping fuel “the new bubble.”
Rising food costs and higher rents offset a drop in gas prices last month, leaving consumer prices only slightly higher in October compared with the previous month.
Consumer prices rose in January for only the second time in four months. The price of food, gas, rent and clothing all increased.
Consumers paid more for gas and food in April, lifting inflation to its highest level in two and a half years. But inflationary pressures have begun to ease this month, and analysts say some prices could taper off.