U.S. housing inflation remains stable, February CPI impact weakens

According to Jinshi reports, in February, the inflation of housing prices in the United States (including owner-occupied homes, rental properties, and accommodations) continued to ease. Housing accounts for nearly half of the core CPI, and its gradual slowdown over the past three years has been an important factor in adjusting the overall inflation trend. In February, housing prices rose 0.2% month-on-month for the second consecutive month, with a year-on-year growth rate stabilizing at 3%, far below the 4.2% of the same period last year.