Housing and Rent Costs Continue to Fall in Antigua- Consumer Price Index

The cost of housing and rent continued to decline in February, offering a measure of relief to tenants amid ongoing concerns about affordability.

The Consumer Price Index (CPI) shows that actual rentals for housing fell by 3.9 percent over the 12-month period ending February 2026. On a monthly basis, rents declined by 1.6 percent compared with January, reflecting a continued downward trend in housing costs.

The broader housing category, which includes water, electricity, gas and other fuels, also recorded a 2.8 percent year-on-year decline, reinforcing the role of housing in easing overall inflation.

The latest figures come as Antigua and Barbuda grapples with longstanding concerns over housing access and affordability, particularly for low- and middle-income households. While declining rental costs may provide short-term relief, questions remain about whether the trend reflects improved housing supply, shifting demand, or broader economic conditions.

Overall inflation fell by 0.8 percent during the period, with housing among several key sectors contributing to the decline.

Despite the easing in rental prices, housing remains one of the largest components of household spending, meaning changes in this category continue to have a significant impact on the cost of living.

The February data also showed mixed price movements across the economy, suggesting that while housing costs are declining, other areas may continue to exert pressure on household budgets.

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