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Trend Factor Calculation for Pend Oreille County, WA HUD Metro FMR Area

Pend Oreille County, WA HUD Metro FMR Area is part of the West Region CPI Area.

The forecasts of the gross rent index and calculation of the resulting trend factor for the West Region are shown below.
The Rent of Primary residence model is a National Input Model. The Utility model is a Pure Time Series Model.

CY2018 Actual Gross Rent Index FY2020 Forecasted Gross Rent Index Calculated Trend Factor
171.0828 181.5502 181.5502 / 171.0828 =
1.0612