Zillow rent index vs cpi The New Tenant Rent Index (R-CPI-NTR) measures prices renters would face if they changed housing units every period. The Zillow Rent Index (YoY) and the New Tenant Rent Index (YoY), which specifically investigates rent levels for new tenants, usually lead the CPI for rent (YoY) by about 6 to 12 months. The Zillow Rent Index (YoY) and the New Tenant Rent Index (YoY), which specifically investigates rent levels for new tenants, usually lead the CPI for rent (YoY) by about 6 to 12 months. Feb 14, 2024 · The New Tenant Rent Index and All Tenant Regressed Rent Index are research index series that use data sourced from data collected in the Consumer Price Index (CPI) Housing Survey. These indices act as leading indicators for rent inflation. . S. Comparing two measures of shelter prices—the official U. Sep 29, 2023 · Comparing two measures of shelter prices—the official U. Bureau of Labor Statistics (BLS) dataset and the Zillow rental price index—shows that the Zillow series leads the BLS series by about six to 10 months. Rent constitutes a substantial proportion of the two most widely monitored price indices: the consumer price index (CPI) and the personal consump-tion expenditure (PCE) index, accounting for a substantial 32 percent of the CPI. Nov 2, 2022 · The SF Fed researchers find the strongest correlation between CPI rent and ZORI at a 12-month lag, so February 2023 is a natural candidate for the most likely turning point in CPI rent inflation. Apr 4, 2023 · Indexes of market rents are currently showing a significant slowing versus their peaks in 2022, but the rent and owners' equivalent rent (OER) components of inflation continue to rise. hoo mcb ugm oiqwz mxudvlek wapxeyi zobf gusm cwsaqcun aoufb