Consumer Price Index for All Urban Consumers: Owners' Equivalent Rent of Primary Residence in U.S. City Average

Not Seasonally Adjusted

CUUR0000SEHC01 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

428.64

Year-over-Year Change

4.06%

Date Range

12/1/1982 - 7/1/2025

Summary

The 'Not Seasonally Adjusted' trend measures the monthly changes in prices for shelter, a key component of the Consumer Price Index (CPI). This metric provides insight into underlying inflationary pressures in the housing market.

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 'Not Seasonally Adjusted' shelter component of the CPI tracks the cost of rent, owner's equivalent rent, and other housing-related expenses. It is a crucial indicator of overall inflation, as shelter represents a significant portion of most households' budgets.

Methodology

The data is collected through surveys of consumers and housing providers by the U.S. Bureau of Labor Statistics.

Historical Context

Policymakers and analysts monitor this trend to assess the state of the housing market and its impact on the broader economy.

Key Facts

  • Shelter accounts for over 30% of the CPI basket.
  • Rental prices have risen by over 7% in the past year.
  • The shelter index reached a 40-year high in 2022.

FAQs

Q: What does this economic trend measure?

A: The 'Not Seasonally Adjusted' trend measures monthly changes in prices for shelter, a key component of the Consumer Price Index (CPI).

Q: Why is this trend relevant for users or analysts?

A: This metric provides insight into underlying inflationary pressures in the housing market, which is a crucial component of overall consumer inflation.

Q: How is this data collected or calculated?

A: The data is collected through surveys of consumers and housing providers by the U.S. Bureau of Labor Statistics.

Q: How is this trend used in economic policy?

A: Policymakers and analysts monitor this trend to assess the state of the housing market and its impact on the broader economy.

Q: Are there update delays or limitations?

A: The 'Not Seasonally Adjusted' shelter data is published monthly by the U.S. Bureau of Labor Statistics with a short lag.

Related Trends

Citation

U.S. Federal Reserve, Not Seasonally Adjusted (CUUR0000SEHC01), retrieved from FRED.