Inflation surged in September as U.S. energy costs jumped
Gas prices, which jumped 9.1% in September from August, accounted for more than half the monthly rise in inflation.
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Gas prices, which jumped 9.1% in September from August, accounted for more than half the monthly rise in inflation.
As rates climb, more buyers are seeking riskier adjustable-rate mortgages, according to the Mortgage Bankers Association.
Sky-high housing prices make even starter homes too expensive for most Americans, housing data show.
These charts track prices consumers pay for groceries and other goods now compared to five years ago.
The average yearly cost of homeowners insurance, property taxes and utilities is up nearly $4,000 since 2020.
According to Redfin, the median sales price for a home is at a record $387,000. CBS News business analyst Jill Schlesinger has some tips for people trying to navigate the current real estate market.
The median U.S. rent now hovers around $2,000 a month, consuming a growing chunk of people's paychecks.
The annual income needed to afford even a basic home in the U.S. has risen sharply since the pandemic, a new report shows.