Tom Lee: Falling U.S. Home Prices Will Gradually Cool CPI

Odaily News: Tom Lee posted on X, stating that ample U.S. housing supply means supply exceeds demand, and home prices need to adjust, intuitively heading downward. Falling home prices will constitute a major disinflationary force, with rising rents providing a slight offset, but since 63% of households own homes, CPI will gradually cool down.