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Consumer Catch-up: Home prices still going up

The median price for an existing home is about 23 percent higher than one year ago.
Author: Allison Gormly
Updated: 1:47 AM EDT July 24, 2021
INDIANAPOLIS Here s Friday s Consumer Catch-up.
Concern over elevators in vacation rentals
Regulators want AirBnb and Vrbo hosts to disable their residential elevators.
It comes after a 7-year-old died last week in a vacation home elevator in North Carolina.
Small children can be crushed to death in a gap that may exist between the doors.
The agency wants rental owners to provide proof of an elevator inspection, certifying that no hazardous gap exists.
Home prices still rising
Home prices continue to go up. ....

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Consumer Catch-up: Gas prices expected to continue to rise this summer

Consumer Catch-up: Gas prices expected to continue to rise this summer
wthr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wthr.com Daily Mail and Mail on Sunday newspapers.

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IRS warns of child tax credit scam.

The average per-case loss was about $500.
Author: Allison Gormly
Updated: 12:09 AM EDT June 30, 2021
INDIANAPOLIS Here s today s Consumer Catch-up.
Victims lose billions to scammers
Americans lost nearly $30 billion to phone scams over the past year.
That s nearly three times the amount reported in 2019, according to a study by True Caller.
The average reported loss was just over $500.
Remember, signs of scam include a sense of urgency, a consequence and specific demands like a wire transfer or gift card.
IRS warns of tax credit scam
The Internal Revenue Service is warning people about scams related to the Child Tax Credit Payments.
The IRS wants to remind people that they will not text, call or email you for personal information. ....

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Survey says apartment rents are on the rise across the US.

It s the first settlement reached by the company with a state government.
Author: Allison Gormly
Updated: 12:30 AM EDT June 29, 2021
INDIANAPOLIS Here s today s Consumer Catch-up.
Apartment rents on the rise
Young adults are moving out again, with many returning to cities as vaccination rates rise and jobs make a comeback.
Realtor.com says the U.S. median rent increased by 7.5 percent over the past two years.
That puts the monthly rent at just over $1,500, averaged across studios, one- and two-bedroom units.
Rates are higher in some cities than others. Forty-three of the top 50 metro areas say their rental rates are rising compared to last year. ....

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Consumer Catch-up: GameStop names Amazon execs as CEO, CFO

The company is trying to transition from a struggling brick-and-mortar store to an e-commerce powerhouse. ....

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