The Consumer Price Index (CPI) measures the average change in prices over time that consumers pay for a basket of goods and services. It is a crucial indicator used to assess inflation and the cost of living.
Income limits are the maximum amounts that a family can earn and still be eligible for various government housing assistance programs. These limits differ based on family size and geographic area.
With over 3,000 definitions (and 30,000 Quizes!), our Lexicon of Real Estate Terms equips buyers, sellers, and professionals with the knowledge needed to thrive in the real estate market. Empower your journey today!