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Trend Factor Calculation for Golden Valley County, MT HUD Metro FMR Area

Golden Valley County, MT 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.

CY2019 Actual Gross Rent Index FY2021 Forecasted Gross Rent Index Calculated Trend Factor
179.1954 186.2157 186.2157 / 179.1954 =
1.0392