According to Mars Finance, citing Jinshi News, U.S. housing price inflation (including owner-occupied homes, rental properties, and accommodation) continued to moderate in February. Housing accounts for nearly half of the core CPI, and its gradual slowdown over the past three years has been a significant factor in regulating overall inflation trends. Housing prices rose 0.2% month-over-month for the second consecutive month in February, while the year-over-year growth rate remained stable at 3%, significantly lower than the 4.2% growth rate in the same period last year.
US housing inflation remained stable, with the impact of the February CPI weakening.
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