AI Data Insight
The newly released US early Q2 2026 CPI housing index reached 427.049, marking a significant increase of 0.61% from the previous value. This single-month gain is higher than the market's initial expectation of 0.3%. As the largest weighted component of the core CPI, the lagged effect of housing costs continues to be the core resistance to cooling prices. Going forward, close attention must be paid to when the cooling trend in physical rents will fully transmit to official data and further influence the Federal Reserve's subsequent rate cut path.