Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Actual Rentals for Housing for Canada
CANCP040100GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.79
Year-over-Year Change
-42.40%
Date Range
1/1/1950 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Actual Rentals for Housing in Canada measures the change in prices paid by consumers for rental housing. This key economic indicator provides insights into housing affordability and inflationary pressures.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Actual Rentals for Housing CPI tracks the prices consumers pay for rented accommodations, including houses and apartments. It is an important component of the overall CPI, which is a widely used measure of inflation. Economists and policymakers monitor this metric to assess the cost of living and make informed decisions.
Methodology
The data is collected through surveys of Canadian households and businesses.
Historical Context
Trends in the Actual Rentals for Housing CPI are used to inform monetary policy, housing market analysis, and consumer spending patterns.
Key Facts
- The Actual Rentals for Housing CPI is a component of the overall Canadian CPI.
- Housing costs are a significant portion of consumer expenditures.
- Monitoring this metric helps policymakers assess the cost of living and inflationary pressures.
FAQs
Q: What does this economic trend measure?
A: The Actual Rentals for Housing CPI measures the change in prices paid by Canadian consumers for rented accommodations, including houses and apartments.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into housing affordability and inflationary pressures, which are crucial for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Canadian households and businesses.
Q: How is this trend used in economic policy?
A: Trends in the Actual Rentals for Housing CPI are used to inform monetary policy, housing market analysis, and consumer spending patterns.
Q: Are there update delays or limitations?
A: The Actual Rentals for Housing CPI is published monthly with a typical update delay of a few weeks.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Actual Rentals for Housing for Canada (CANCP040100GYM), retrieved from FRED.