08/17/2026
📊 Inflation may be reported as one number, but consumers feel it category by category.
Overall prices increased 3.4% year over year in July, but the changes varied considerably. Airline fares rose 25.5%, gasoline increased 24.6%, and energy climbed 14.7%. Meanwhile, motor vehicle insurance, medical care commodities, used vehicles and dairy each posted declines.
Why does this matter in real estate? A buyer’s budget extends well beyond the monthly mortgage payment. Changes in everyday expenses can influence purchasing power, confidence and the timing of a home purchase.
Understanding what is happening beneath the headline number can lead to more informed conversations with your clients.