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In this Real Estate News Brief for the week ending April 15th, 2024... why the latest inflation reports could postpone the Fed\u2019s rate-cutting plan, how inflation continues to impact construction costs, and why homeowners are getting sticker shock from property tax bills. \xa0 We begin with economic news from this past week that was dominated by two of the latest inflation reports. The Consumer Price Index or CPI came out on Wednesday and the Producer Price Index or PPI came out on Thursday. \xa0 Unfortunately for everyone wanting a great inflation report, the March CPI was hotter than expected. It rose .4% in March for an annual rate of 3.5%. That\u2019s up from 3.2% last month. That is not what the Fed wants to see as it decides to lower the Federal Funds rate... \xa0 ...That\u2019s it for today. You can read more about the stories in this episode by following links in the show notes at newsforinvestors.com. We are also encouraging all of our listeners to sign up for a free RealWealth membership. As a member, you\u2019ll get updates on what\u2019s new for the housing market and for real estate investors. Our big focus right now is a live event on Saturday May 4th in San Francisco. We\u2019ll have six property teams giving presentations on their markets and the kind of rental properties available. We are also hosting a cocktail party in the evening to give people an opportunity to share their real estate investing stories and get to know one another. You can find out more about that at newsforinvestors.com. Just click on Connect and then Live Events. Subscribe to the podcast here.\xa0 \xa0 Thanks for listening! Kathy Fettke \xa0 Links: \xa0 1 - https://www.marketwatch.com/livecoverage/cpi-report-for-march-dow-futures-steady-ahead-of-key-inflation-data/card/inflation-rises-sharply-again-in-march-cpi-shows-and-may-raise-doubts-about-fed-rate-cut-Foz2wKLnfXjobHHolAdz \xa0 2 - https://www.cnbc.com/2013/02/20/producer-price-index-cnbc-explains.html \xa0 3 - https://www.cnbc.com/2024/04/10/hot-inflation-data-pushes-markets-rate-cut-expectations-to-september.html \xa0 4 - https://www.cnbc.com/2024/04/05/fed-governor-bowman-says-additional-rate-hike-could-be-needed-if-inflation-stays-high.html \xa0 5 - https://www.constructiondive.com/news/producer-price-construction-input-march/712981/ \xa0 6 - https://www.marketwatch.com/story/fed-officials-back-cautious-approach-to-further-shrinking-of-its-balance-sheet-minutes-show-4fed157d?mod=federal-reserve \xa0 7 - https://www.marketwatch.com/story/jobless-claims-retreat-again-to-211-000-in-another-sign-of-labor-market-strength-ac68c1cc?mod=economic-report \xa0 8 - https://www.freddiemac.com/pmms \xa0 9 - https://www.forbes.com/advisor/taxes/property-taxes-surge/ \xa0 10 - https://www.cnbc.com/2024/04/09/why-new-build-homes-can-lead-to-a-property-tax-surprise.html