Consumer prices in the Bay Area were unchanged last month compared with the last two months, data from the Bureau of Labor Statistics shows.
Chris Rosenlund, a regional commissioner for the BLS, which tracks prices, said the price of housing fell, offsetting price increases for food, gas, and recreation.
Compared with last year, prices were up 3.2 percent. Prices, excluding those for food and energy, were up 2.3 percent compared with last year.
The data is based on the Consumer Price Index for urban consumers.
Lol what a lie
Oh? Well, big whoop.
As the popular meme states…
https://bit.ly/3koJb2I
Everything is up. Just the other day our storage unit rent increased $20/month to over $400. It increased a few months ago as well.
So what if home prices in my area go down, I’m still spending more for everything else needed for my daily life. Stupid study by a government employee.
Stating what the current administration would want xem (xe/xyrs) to say like every government employee trying to get to GS-15.
What sort of spin-crap is this?
like krazy kat hit with a brick
Anyone who buys anything knows “chris rosenlund” is pushing fake news. Housing is at an all time high as is EVERYTHING else. Not to mention the fake supply shortages driving prices even higher. Does anyone believe this crap?
The BLS is full of BS.
huh?
doesn’t remained flat mean no change as apposed to up 3.2 over last year?
asking for a friend
Just more leftist crap. Do these people ever go to the grocery store, or to a gas station.
I own my home so house isn’t a factor here but everything need do to my house cost more and I buy cost more. And as far as the price of house going down. I know people that have sold there house in Concord, All have gotten 30 to 50 thousands more than their asking price.
#JUSTSAYING
I can believe the housing prices have gone down, with so many earners/producers leaving this state. So many companies are leaving for more business friendly states (which means any of the 49 states except maybe New York), people are leaving with them. And, per the paragraph, the housing decrease off set/negated the increase in cost of just about everything else. It will not get any better, until a different ideology begins to represent the state.
The price of housing fell? Where?
I Don’t buy it, drive by an ARCO, go to Safeways, you be the Judge
Hmm, . . . is it cherry season already ? ? ?
Tell ya what when I’m putting gas in a vehicle, am standing there wondering how many fewer days it’ll be this time, before I’ll be needing gas again. ’cause the latest increase in prices means I just got less gasoline for that 30 bucks.
Price of housing going down, . . . well, it may make things OK for them folks over there at that BLS. But housing cost being down does NOT magically increase amount of gas going into my vehicle’s fuel tank for that 30 bucks, that just came outta my pocket. An don’t believe price of housing goin’ down makes prices go down, at the grocery store
Those of us out here living in the REAL world, well, we’re just seeing higher prices. An that there housing price, cherry picking, it doesn’t really do a whole bunch for us.
An, dang it, . . . we can’t even eat them there cherries.
.
“.. excluding food and energy”.
.
…We don’t eat plastics, fabrics, or services so the CPI criteria is a lie.
.
My mortgage payment has not gone down, but everything else (gas, food, etc) has gone up. These politicians must have read the book, How to Lie with Statistics.
Or, “How to Serve Man.”
Gas prices up $1.25 per gallon.
Go to the grocery store, you won’t believe your own lying eyes!
Then feed us this crap and tell us it’s ice cream.
Sadly, I think 50% of California is stupid enough to believe this fairytale.
+1
my take, they don’t even listen critically, they just hear the words and believe
have a good one
A house on my block just sold for a half a million dollars more than it would have sold for last year. That is crazy.
Even woke Disney is moving some of its jobs to Florida from California! And not because it’s getting cheaper here.
The B.S. meter is pegged.
Did Jen Psaki write this? The lies are trickling down…………
If you don’t have to pay for housing because of Gavin’s giveaway to renters and landlords, then of course prices remain flat. If you actually have to pay for everything you need, inflation is going to flatten you.
So to clean up the old saying (since this is a family show), they’re spitting on our faces and telling us it’s raining.
Housing prices haven’t fallen. My friends who left the Bay Area are about to make a killing on their old house in SF. $1900 in monthly rent might get you a one bedroom apartment in a seedy neighborhood. Restaurants have to either raise prices, lower food quality, or remove items from their menus due to rising food costs. Does a business employ more than 50 people? They’re required to provide a retirement plan now, or the state will do it for them (google CalSavers). Gas is pushing toward $5/gallon, even for the cheap stuff (do you use 91 octane like me? Godspeed…). They’re citing recreation as a factor too, check the prices of movie tickets, theme parks, and sporting events (don’t forget the parking fees).
I shudder to think of how much of our tax dollars are funding the BLS sunshine and unicorn fart report.
How convenient that the government doesn’t include food and energy in the inflation index.
With what DEM controlled bay area is continuing to sink into,
continuing an unabated lawlessness caused by Prop 47, defunding of Police, increases in crime, violence with DAs appearing to be not all that interested in cases not accreative to climbing the political ladder.
Checking up on news, found this,
“In 44 of the nation’s 50 largest metro areas, rents have surpassed where they were before the health crisis, according to data from Realtor.com. Nationwide, the median rent reached a record high of $1,575 in June, an increase of 8% from a year ago, according to the website.
But this time, it’s not high-priced urban areas driving rent into orbit. Instead, real estate data show the biggest increases are in smaller cities, driven largely by workers who fled urban areas during the pandemic for more safety, space or more privacy.”
cbs news https://tinyurl.com/zavj6bjc