Charlie Bilello – Twitter, Released on 8/30/22
The rate of change in rents is slowing. The 10% YoY increase is the smallest we've seen since June 2021. Still well above pre-pandemic growth rates, but moving in the right direction. Housing inflation has been understated in CPI, however, and will likely continue to rise there.
— Charlie Bilello (@charliebilello) August 30, 2022