Tom Lee: Declining U.S. Housing Prices Will Gradually Cool CPI

Odaily Planet Daily News: Tom Lee posted on X, stating that ample U.S. housing supply means supply exceeds demand, home prices need to adjust, and intuitively they will decline. Falling home prices will constitute a major disinflationary force, while rising rents will form a slight offset, but with 63% of households owning homes, CPI will gradually cool.