CPI
Unregistered user, it is true that the CPI does NOT include the price of houses, as they are an asset, not a good or service.
But the CPI does include mortgage costs as one item in the large basket of items whose prices are tracked.
They have an average mortgage size, and a typical rate, and this gives an average repayment.
So a rise in interest rates, aimed at cooling the general economy and inflation, would actually push up this small component of the CPI.
Do you get me?
I do like imparting economics, and I know you are an avid listener and learner, and this gives me pleasure.