According to Jinshi, inflation in the housing sector in the United States has been particularly stubborn recently. The market expects that the housing inflation indicator in the United States will slow down, citing data from the private sector showing a slowdown in rent increases. However, housing costs in the CPI continue to rise rapidly, especially for homeowners. Now, some private sector data are also beginning to show signs of recovery. Rick Palacios Jr., research director of real estate data company John Burns Research and Consulting, said that rents will continue to soften, but this is not the case. Instead, they show signs of picking up. Housing is the largest monthly expense for most households, so it plays a huge role in inflation calculations. If rents continue to rise at the current rate, it will be difficult for overall U.S. inflation to return to normal.
