Housing Boom to be Inflationary in 2022? Sep 23, 2021 View in your browser Could Housing Boom Drive Up Inflation in 2022? By Erik Norland, Senior Economist Ayushman Mukherjee, Intern CME Group Housing costs falling behind consumer price index for first time in a decade. Surge in home prices could lead to higher rent through end of 2022. Higher home rentals could add 1.5 percentage points to core CPI inflation. Low mortgage rates, high savings and inelastic supply behind housing boom. Read article SEE MORE ANNOUNCEMENTS